Wilf Company Acquired an Additional Class 10 (30% Declining Balance)asset

question 11

Multiple Choice

Wilf Company acquired an additional Class 10 (30% declining balance) asset for $60,000.The UCC at the beginning of the year was $100,000.The maximum CCA in the current year is

• A)$48,000.
• B)$24,000.
• C)$45,000.
• D)$37,500.
• E)$39,000.

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