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Tarantula Corp. reported the following information about the only machine that it owns: 10 years Date of purchase March 31, 2020 Capital cost $200,000 Estimated
Tarantula Corp. reported the following information about the only machine that it owns: 10 years Date of purchase March 31, 2020 Capital cost $200,000 Estimated useful life Estimated residual $20,000 value CCA Class Class 10 (30%) Tarantula uses straight-line depreciation to the nearest month for accounting purposes. Assuming Tarantula always takes the maximum CCA, what is the CCA for calendar 2020? A) $60,000 B) $30.000 C) $45,000
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