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Capital Cost Allowance Question # 6 Class 50-The January 1,2018 balance in this class was $93,000. During 2018,there were additions to this Class with a

Capital Cost Allowance
Question # 6
Class 50-The January 1,2018 balance in this class was $93,000. During 2018,there were additions to this Class with a capital cost of $28,000.
Calculate the maximum CCA that can be taken by ABC trading on each class of assets for the year ending December 31,2018 and calculate the UCC for each class of assets on January 1,2019. In addition, determine the amount of any capital gain,recapture or terminal loss that arises.

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