Multiple Choice
A firm has recently purchased Class 10 equipment for $100,000 with a CCA rate of 30%. Under the half-year rule, what is the amount of depreciation that the firm can claim as a tax-deductible
Expense in the second year?
A) $30,000
B) $15,000
C) $42,000
D) $25,500
E) $45,000
Correct Answer:
Verified
Correct Answer:
Verified
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