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Determine the maximum amount of Class CCA

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Question - Class 13 And Half-Year RuleVachon Ltd. leases its office space under a lease that was signed on January 1, 2006.

The lease term is 10 years, with an option to renew at an increased rent for an additional five years. In 2006, the Company spends $52,000 renovating the premises. In 2011, changing needs require the Company to spend $31,000 renovating the space. Determine the maximum amount of Class 13 CCA that the Company can deduct for 2011.

Reference no: EM133027988

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