The construction of a building costing $15,000,000 was started under the existing rules in 1992...
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Accounting
The construction of a building costing $15,000,000 was started under the existing rules in 1992 and the building was completed and occupied in 1993. $8,000,000 of the construction costs were incurred in 1992 and the balance of $7,000,000 was incurred in 1993. What is the Capital Cost Allowance (CCA) for 1992, 1993 and 1994, under the old rules?
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