A business has Net Income For Tax Purposes before deducting CCA of $15,000. It would like to reduce this total to nil after the deduction of CCA. It can take the required $15,000 in CCA from four CCA classes, all of which have a balance of more than $15,000. If the business wishes to maximize future CCA, the $15,000 should be deducted from:
A) Class 44.
B) Class 10.
C) Class 53.
D) Class 8.
Correct Answer:
Verified
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