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A company has a January 1, 2020 balance for CCA dass 50 of $592,500. During 2020, a Class 50 asset was sold for proceeds of

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A company has a January 1, 2020 balance for CCA dass 50 of $592,500. During 2020, a Class 50 asset was sold for proceeds of $635,000. That asset had a capital cost of $785,000. No further assets were acquired before the end of the year. Which of the following answers corresponds to the maximum deduction allowed in relation to the company's Class 50 assets for the year 20207 O $151,250 $1,700 O $105,875 O $202.125 50

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