Question
The information provided below is related to Class 8 assets for the current year 2021. Undepreciated Capital Cost (UCC) beginning balance: $87279 Cost of additions:
The information provided below is related to Class 8 assets for the current year 2021.
Undepreciated Capital Cost (UCC) beginning balance: $87279
Cost of additions: $28381
Dispositions (disposals): $9426
Using this information, what is the maximum capital cost allowance (CCA) deduction for the Class 8 assets during 2021?
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Financial Accounting For MBAs
Authors: Peter D. Easton, John J. Wild, Robert F. Halsey, Mary Lea McAnally
4th Edition
9781934319345
