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ABDABD Company has the following information related to class 10 assets for the current year: Beginning Balance: $166,000 cost of additions: $14,000 Dispositions, proceeds:$34,000(original=$64,000) The
ABDABD
Company has the following information related to class 10 assets for the current year:
Beginning Balance: $166,000
cost of additions: $14,000
Dispositions, proceeds:$34,000(original=$64,000)
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.
A.$49,800
B.$42,000
C.$40,200
D.$43800
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