Subject: CCA On Eligible Accll Assets Radmore Ltd., with a taxation year that ends on...
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Subject: CCA On Eligible Accll Assets Radmore Ltd., with a taxation year that ends on December 31, has a Class 10 (30 percent) UCC balance on January 1, 2020, of $950,000. During 2020, it acquires 15 eligible Accll cars at a cost of $20,000 each, for a total addition of $300,000. The company also disposes of 18 cars for total proceeds of $144,000. In no case did the proceeds of disposition exceed the capital cost of the vehicle being disposed of. Determine the maximum Class 10 CCA that Radmore can deduct for 2020 , as well as the January 1,2021 , UCC balance
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