Question
The information provided below is related to Class 8 assets for the current year 2020. Undepreciated Capital Cost (UCC) beginning balance: $96,211 Cost of additions:
The information provided below is related to Class 8 assets for the current year 2020.
Undepreciated Capital Cost (UCC) beginning balance: $96,211
Cost of additions: $27,425
Dispositions (disposals): $11,170
Using this information, what is the maximum capital cost allowance (CCA) deduction for the Class 8 assets during 2020?
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International Corporate Reporting Global And Diverse
Authors: Pauline Weetman, Ioannis Tsalavoutas, Paul Gordon
5th Edition
1138364991, 9781138364998
