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ABD Company has the following information related to class 10 assets for the current year: Beginning Balance: $166,000 cost of additions: $16,000 Dispositions, proceeds: $44,000
ABD Company has the following information related to class 10 assets for the current year: Beginning Balance: $166,000 cost of additions: $16,000 Dispositions, proceeds: $44,000 (original cost = $69,000) The class 10 rate is 30%. Using only this information, what is the maximum CCA deduction for the current year for class 10 assets? Choose the correct answer. O A. $39,600 O B. $41,400 O C. $37,800 OD. $49,800
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