Question: 16. A $100,000 asset is categorized as class 8 for CCA purposes and uses a 20% depreciation rate Given this information, determine the amount of

 16. A $100,000 asset is categorized as class 8 for CCA

16. A $100,000 asset is categorized as class 8 for CCA purposes and uses a 20% depreciation rate Given this information, determine the amount of CCA in year 2. (5 Points) O a $10,000 b. $12.000 c. $16,000 d. $ 18,000 e. $20,000

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