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What is the maximum amount of CCA that Perry Inc can deduct

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Reference no: EM132901701

Question - On November 1 of the current year, Perry Inc. acquires a franchise for $32,000. The franchise has a limited life of 12 years. What is the maximum amount of CCA that Perry Inc. can deduct in its current tax year which ends on December 31? Use a number of days to determine your answer.

Reference no: EM132901701

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