ABC Corp. leased an office and paid $20,000 for leasehold improvements in January of this year. Th included drywall, new carpets, and all new light fixtures. The term of the lease is 2 years plus an opti renew for 2 more years.
Required:
Calculate the maximum CCA that ABC Corp. will be allowed to deduct this year.

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The Answer of ABC Corp. leased an office and paid $20,000 for leasehold improvements in January of this year. Th included drywall, new carpets, and all new light fixtures. The term of the lease is 2 years plus an opti renew for 2 more years.
Required:
Calculate the maximum CCA that ABC Corp. will be allowed to deduct this year.

ABC Corp Leased an Office and Paid $20,000 for Leasehold Improvements