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Clean Air Ltd., a public corporation, specialized in manufacturing air filter. The company was newly incorporated on February 1, 2022 and begins its operation immediately.

image text in transcribed Clean Air Ltd., a public corporation, specialized in manufacturing air filter. The company was newly incorporated on February 1, 2022 and begins its operation immediately. During the first few months of operations, the following expenditures were made by Clean Air Ltd: Required: Calculate the maximum Capital Cost Allowance (CCA) that can be claimed by Clean Air Ltd, assuming the taxation year for the company is December 31

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