Select the best definition for the term.\ \ Question 23 options:\ \ As used in tax work, a defined group of depreciable assets for which the Income Tax Regulations specify the CCA Rate to a applied, as well as the method to be used in applying the rate.\ \ \ Capital property, such as equipment or furniture fixtures, that is subject to depreciation or amortization.\ \ \ A deduction in the determination of Business or Property Income based on the capital cost of capital assets. The tax equivalent of accounting amortization.\ \ \ The excess of proceeds resulting from the disposition of a capital asset over the sum of the Adjusted Cost base of the asset plus any costs of disposition.\ \ \ A method of calculating CCA in which a specified rate is applied to the ending UCC Balance in a depreciable asset Class in order to determine the CCA for the period.\ \ \ The disposal of an asset through sale, gift, physical destruction, conversion, expropriation, or other means.\ \ \ The amount paid to acquire a depreciable asset. The tax equivalent of acquisition cost in accounting.\ \ 1. \ Disposition\ \ 2. \ Capital Cost Allowance\ \ 3. \ Declining Balance Method\ \ 4. \ Capital Cost\ \ 5. \ Class\ \ 6. \ Capital Gain \ \ 7. \ Depreciable Capital Property