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Village of Fraser Valley was incorporated in 1975. On December 28, 2015, The Village purchased a fire truck for $200,000 (ignore GST and PST in

Village of Fraser Valley was incorporated in 1975. On December 28, 2015, The Village purchased a fire truck for $200,000 (ignore GST and PST in this question). The Village has no other capital asset in any of its CCA class.

Which CCA class should the vehicle be under for CCA calculation purpose? (2)

Please calculate the maximum CCA that Village of Fraser Valley could claim for year 2015. Please show your calculation.

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