Question 9 During the 12-month period ended December 31,2023 XYZ Co.(a newly formed...

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Accounting

Question 9
During the 12-month period ended December 31,2023 XYZ Co.(a newly formed public company)
purchased a $40,680(including tax of HST $4,680 or 13%) passenger vehicle for use by its
salesperson in conducting his employment. What is the maximum capital cost allowance that ABC
Co. can claim for 2023, assuming that the company is a non HST registrant (i.e., the company does
not remits HST since it is a startup company)?
$15,300
$18,306
$16,200
$17,289
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