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In 2020, Kanya Construction bought a new equipment priced $540,750. Kanya trade in the old equipment for $119,792. The new equipment qualified for a CCA
In 2020, Kanya Construction bought a new equipment priced $540,750. Kanya trade in the old equipment for $119,792. The new equipment qualified for a CCA class with a rate of 39%. There was no previous equipment under this class. Calculate the CCA amount that Kanya can claim in 2020
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