Question: A $ 4 0 , 0 0 0 asset was purchased and classified as a Class 1 0 asset for CCA purposes. If the CCA

A $40,000 asset was purchased and classified as a Class 10 asset for CCA purposes. If the CCA rate is 30%, calculate CCA for year 3.
Multiple Choice
$4,620
$6,600
$12,000
$22,000
$15,400

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