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A business purchased $120,000 of equipment classified as capital asset with a 35% CCA rate. The equipment qualifies for the Accelerated Investment Incentive. How much

A business purchased $120,000 of equipment classified as capital asset with a 35% CCA rate. The equipment qualifies for the Accelerated Investment Incentive. How much CCA tax deduction can the business claim in the third year? Select one:

a. $14,002

b. $13,685

c. $13,694

d. $13,379

e. $12,968

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