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Tarantula Corp $200,000 \$ 200,000

question 31

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Use the following information to answer questions:
Tarantula Corp. reported the following information about the only machine that it owns:
Date of purchase..............................March 31, 2020
Capital cost................................ $200,000 \$ 200,000
Estimated useful life......................10 years
Estimated residual value................ $20,000 \$ 20,000
CCA Class..................................Class 10(30%) 10(30 \%) Tarantula uses straight-line depreciation to the nearest month for accounting purposes.
-Assuming Tarantula always takes the maximum CCA, what is the CCA for calendar 2020?


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