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What maximum amount would be claimed for capital cost

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Question - A sole proprietor began his business on July 10, 2018 and paid the following amounts: office furniture ($7,000), computer ($3,000) and application software ($500).

What maximum amount would be claimed for capital cost allowance (CCA) in the first year of operations?

A) $1, 775

B) $851

C) $971

D) $2, 025

Reference no: EM132540784

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