Multiple Choice
Under CCA, an asset which originally cost $100,000, incurred installation costs of $10,000, and hasan estimated salvage value of $25,000, is being depreciated using a 30% CCA rate. What is thedepreciation expense in year 1?
A) $16,500
B) $11,250
C) $15,000
D) $12,750
Correct Answer:
Verified
Correct Answer:
Verified
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