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?

In this practice problem, apply both the AcclI rule and the short fiscal taxation year rule when calculating the maximum CCA deduction