A sole proprietor has a business with the following assets: UCC at * 21 years remain The following transactions occurred during the year: Purchased additional computer equipment for $17,000. Sold some of the computer equipment for $11,500. What is the maximum CCA deduction for the current year?

Answer rating: 100% (QA)

To calculate the maximum Capital Cost Allowance CCA deduction for the current year we need to determ... View the full answer