CBF Company has a calendar fiscal year and acquires a machine on April1, 2020 that costs $34,000. The firm pays a contractor $11,500 to install the machine and pays anon-refundable provincial sales tax of $4,600. The machinery is a Class 8 asset with a CCA rate of 20% and is the only asset in this class. What is the maximum CCA CBF Company can deduct on this machine for the 2020 fiscalyear?

Choose the correct answer.

A.

$5,010

B.

$15,030

C.

$10,020

d.

$13,650