Aladdin Inc. purchased Equipment X for $26000 on January 2, 2020. Aladdin is subject to a 25%

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Aladdin Inc. purchased Equipment X for $26000 on January 2, 2020. Aladdin is subject to a 25% tax rate and all of Aladdin's depreciable assets are with a CCA of 30%. Aladdin's beginning UCC is $50000 in 2021. In 2021, Aladdin Inc. replaced Equipment X with Equipment Y. It was able to sell Equipment X for $21500 and Equipment Y cost $30000. What is the CCA for 2021

Posted Date: May 18, 2024 07:15 PM

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Aladdin Inc. purchased Equipment X for $26000 on January 2, 2020. Aladdin is subject to a 25%

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