For Vendors of Taxable Supplies Who Purchase Goods for Resale

For vendors of taxable supplies who purchase goods for resale and make capital expenditures to be used in commercial activities, input tax credits can be claimed for GST/HST billed or paid on:

A) all capital expenditures made during the period and goods sold during the period.
B) a portion of capital expenditures based on their estimated service life and goods purchased for resale during the period.
C) a portion of capital expenditures based on their estimated service life and goods sold during the period.
D) all capital expenditures made during the period and goods purchased for resale during the period.
E) goods purchased for resale during the period, but not capital expenditures.