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Jean Brochet uses an automobile in his unincorporated business. It cost $ 5 3 , 0 0 0 in 2 0 X 4 , with
Jean Brochet uses an automobile in his unincorporated business. It cost $ in X with maximum CCA being deducted in that year. The purchase was financed with a bank loan of $ For X the interest on this loan was $ The automobile is used exclusively for business purposes, with the X operating costs totaling $
In determining his X Canadian business income, his maximum automobile related deduction will be:
A
$
B
$
C
$
D
$
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