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A sole proprietor began his business on July 10, 2018 and paid the following amounts: office furniture ($7, 000), computer ($3, 000) and application software
A sole proprietor began his business on July 10, 2018 and paid the following amounts: office furniture ($7, 000), computer ($3, 000) and application software ($500). What maximum amount would be claimed for capital cost allowance (CCA) in the first year of operations?A)$1, 775 B)$851 C)$971 D)$2, 025
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