Johnathan and James started a new business. They bought a piece of equipment for $300,000. After an analysis, they believe the equipment will last them 20 years. The piece of equipment has 0 salvage value. The CCA rate applied to this particular piece of equipment is set at 4%. After 20 years, when Johnathan and James are done with the equipment, what is the required deduction for CCA on their tax return?

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