Question: Wolf Company acquired an additional Class 1 0 ( 3 0 % declining balance ) asset for $ 7 0 , 0 0 0 .

Wolf Company acquired an additional Class 10(30% declining balance) asset for $70,000. The UCC at the beginning of the year was $100,000. What is the maximum CCA in the current year?
A. $37,500
B. $40,500
C. $24,000
D. $45,000
E. $48,000

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