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Rushmore Ltd . , with a tax year that ends on Dec 3 1 , has a class 1 0 ( 3 0 % )
Rushmore Ltd with a tax year that ends on Dec has a class UCC balance on January of $ During it acquired class cars that are eligible for the accelerated investment incentive. The total cost of all the cars was $ The Company also disposes of cars for total proceeds of $ In no case did the proceeds of disposition exceed the capital cost of the vehicle being disposed of Determine the maximum Class CCA that Rushmore Ltd can deduct for
Round to the nearest dollar. Do NOT write commas, dollar signs, or decimals in your response.
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