What is the maximum capital cost allowance

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Reference no: EM132768352

Question - Sleepy Pillow Co. (Sleepy) commenced business on January 1 of the current year, with a December 31 year end. During the year, the company acquired:

Office furniture $200,000

Computer applications software $50,000

Manufacturing equipment $90,000

Required - What is the maximum capital cost allowance (CCA) that Sleepy can claim for the current year?

a. $187,500

b. $177,500

c. $225,000

d. $200,000

Reference no: EM132768352

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