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On July 1 of the current year F purchased a franchise and commenced operating a new business as a sole proprietor. The franchise cost $80,000

On July 1 of the current year F purchased a franchise and commenced operating a new business as a sole proprietor. The franchise cost $80,000 and has a 20-year term with an option to renew for a further 5-year term. What is the maximum CCA deduction that F can claim in the current year?

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