Antiques is an unincorporated business which begins operations on June 1, 2020 and rents a store on that day. On Sept 1, 2020, Murray acquired Class 8 assets for $90,000. The business will have a taxation year which ends on December 3 No other depreciable assets are acquired prior to December 31, 2020.

Determine the maximum CCA for the year ending December 31, 2020.

Answer rating: 100% (QA)

In the first yearclaim based on half the amount paid This ru... View the full answer