Question: A $ 1 0 0 , 0 0 0 asset is categorized as class 8 for CCA purposes and uses a 2 0 % depreciation

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
Multiple Choice
$14,000
$10,000
$15,000
A $100,000 asset is categorized as class 8 for CCA purposes

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