Question: ABC Inc. has a class 8 ( 2 0 % ) class with an opening balance of $ 1 8 0 , 0 0 0

ABC Inc. has a class 8(20%) class with an opening balance of $180,000 at the beginning of the year. During the year, ABC Inc. purchases 3 class 8 assets :
1. Purchased for $50,000
2. Purchased for $36,000
3. Purchased for $54,000
The following two class 8 assets were disposed during the year
1. Asset was originally purchased for $12,000 and was sold for $14,000
2. Asset was originally purchased for $60,000 and was sold for $24,000
Required:
Calculate the maximum CCA that ABC Inc. can claim during the year.

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