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On January 1, 2020, Cundo Inc

Question 78

Essay

On January 1, 2020, Cundo Inc. has a balance in its Class 53 UCC of $750,000. During 2020, eligible assets with a capital cost of $150,000 are added to the Class. There were no disposals during the year. Determine the maximum Class 53 CCA for 2020, as well as the January 1, 2021 UCC.

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