Question: 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

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

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. 1 1 points Multiple Choice eBook O O $18,000 O $16.000 $16,000 O $12,000 O $10.000 $10,000 $20,000 $20,000

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