Calculate the amount of CCA you can deduct each year for 2020,2021 and 2022 and calculate ending UCC on Dec 31 2022 based on the below information: Opening UCC - $300,000 Purchase asset in 2020 (class 10) 30% CCA Rate for $24,000 Dispose asset in 2020 (class 10) 30% CCA for $11,000 with a cost of $26,000 Purchase asset in 2021(class 10) 30% CCA Rate for $16,000 No purchases in 2022 Eligible for ACCLL

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To calculate the amount of Capital Cost Allowance CCA you can deduct each year for 2020 2021 and 202... View the full answer