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ABC Corporation purchased a long - term asset for $ 8 0 , 0 0 0 . The asset has a 1 0 % CCA

ABC Corporation purchased a long

-

term asset for $

80, 000 .

The asset has a

10 %

CCA rate. At the end of

year

5,

ABC sold the asset for

10, 000 .

Given this information, calculate annual CCA

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