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

question 36

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. 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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