Question
The information provided below is related to Class 8 assets for the current year 2021. Undepreciated Capital Cost (UCC) beginning balance: $99048 Cost of additions:
The information provided below is related to Class 8 assets for the current year 2021. Undepreciated Capital Cost (UCC) beginning balance: $99048 Cost of additions: $25517 Dispositions (disposals): $11664 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 Theory
Authors: Craig Deegan, H. Bierman
4th Edition
0071013148, 978-0071013147
