Question: Jasdeep Prudu started a new incorporated business during the current year. The corporation, called Prudu Ltd . , will have a fiscal period of July

Jasdeep Prudu started a new incorporated business during the current year. The corporation, called Prudu Ltd., will have a fiscal period of July 1 to June 30 and was incorporated on April 15 of the current year; therefore, the new business's first year of operations was less than 365 days (April 15 to June 30). On May 15 of the same year, $124,500 Class 8 assets (20%) are purchased. There are no further additions or dispositions in the year. What is the maximum CCA that can be taken in the fiscal year?


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