amount, $$550000$ represents the fair market value of the land; the remainder relates

to the building. The building is new and will be used $100\%$ for non$-$residential

activity, none of which involves manufacturing, so it will go in a separate class $1$ at a

$6\%$ CCA rate. This purchase is eligible for the accelerated investment incentive. In

order to encourage Rollin's move to this location, the local government has given

them $$770000$ to assist in the acquisition of the building $($all of this is for the

building$).$ What is the maximum amount of CCA that Rollin can deduct on this

building for its fiscal year ending December $31,2019?$

Round to the nearest dollar. Do NOT write commas, dollar signs, or decimals in your

response.

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