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QUESTION 6 On November 1 of the current year, Canco acquires a franchise for $32,000. The franchise has a limited life of 12 years. What

QUESTION 6 On November 1 of the current year, Canco acquires a franchise for $32,000. The franchise has a limited life of 12 years. What is the maximum amount of CCA that Canco can deduct in its current taxation year which ends on December 31? A. $668.49 B. $2,666.67 C. $1,333.33 D. $445.66

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