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How much capital cost allowance can be claimed

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Problem 1: Quality Inc. purchased a copyright for $150,000 on October 1, Year 1. The copyright expires on September 30, Year 11. Quality has a December 31 year end. How much capital cost allowance (CCA) can be claimed for this asset for Year 1? Ignore leap years.

Option 1: $3,780

Option 2: $5,625

Option 3: $5,672

Option 4: $22,500

Reference no: EM132741337

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