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On June 11, 2020, Ms. Annie Rawlings purchased an automobile to be used exclusively in her unincorporated business. The cost of the automobile was $54000,
On June 11, 2020, Ms. Annie Rawlings purchased an automobile to be used exclusively in her unincorporated business. The cost of the automobile was $54000, before GST and PST. She finances a part of the purchase price and, as a consequence, has financing charges for the period June 11, 2020 to December 31, 2020 of $3370. Ms. Rawlings has decided not to deduct any CCA this year. Ignoring any deduction for CCA, how much other costs can Ms. Rawlings deduct in 2020 with respect to this vehicle acquisition? Round to the nearest dollar. Do NOT write commas, dollar signs, or decimals in your response. Your
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