Dave purchased a rental property in 2019. The original cost of the building was $850,000, and its

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Dave purchased a rental property in 2019. The original cost of the building was $850,000, and its opening undepreciated capital cost (UCC) in 2023 was $684,816. The following income and expenses were incurred related to the rental property in 2023.

What is the maximum capital cost allowance (CCA) Dave can claim for the rental property in 2023?

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Advanced Accounting

ISBN: 978-1118037911

1st Canadian Edition

Authors: Gail Fayerman

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Posted Date: Apr 06, 2024 04:52 AM

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Dave purchased a rental property in 2019. The original cost of the building was $850,000, and its

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Advanced Accounting

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