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You are provided with the following information related to class 8 assets for the current year: Undepreciated Capital Cost (UCC) Beginning Balance: $72,000 Cost of
You are provided with the following information related to class 8 assets for the current year: Undepreciated Capital Cost (UCC) Beginning Balance: $72,000 Cost of additions: $10,000 Dispositions (i.e. reduction for disposals): $16,000 The class 8 rate is 20%. Using only this information, what is the maximum capital cost allowance (CCA) deduction for the current year for class 8? Choose the correct answer. O A. $11,200 OB. $15,400 OC. $12,200 OD. $13,200
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