Question $59(2$ points$)$Which of the following is not true about Capital Cost Allowance $($CCA$)$ in Canada? Most assets use a straight$-$line depreciation method for computing CCA. The CCA is the amount of write$-$off on depreciable assets allowed by the CanadaRevenue Agency against taxable income. Assets can continue to geterate CCA tax shields over an infinite time frame.Depreciable assets are grouped into specified asset classes, which each have a specifiedCCA rate.The formula for calculating the present value of the CCA tax shield treats the tax shield as a declining perpetuity.