XYZ Ltd purchased 4 photocopiers costing $7.500 each for a total of $30,000. The vendor...
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Accounting
XYZ Ltd purchased 4 photocopiers costing $7.500 each for a total of $30,000. The vendor gave $8,000 for the old equipment which originally costed $25,000. At the beginning of the current year, the Class 8 UCC balance was $16,000. What is the maximum CCA deduction for 2022 when you consider the above transactions?
$5,400
$10,600
$7,600
$9,800
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