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What is the maximum CCA deduction DRG Marketing

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Reference no: EM132804113

DRG Marketing has the following information related to Class 8 assets for the year 2020.

Beginning Balance: $72,000

Cost of additions: $12,000

Dispositions, proceeds: $8,000 (original cost: $19,000)

Problem 1: The Class 8 rate is 20%. Using only this information, what is the maximum CCA deduction DRG Marketing can have for the Class 8 assets during 2020?

A. $15,600

B. $1,200

C. $14,800

D. 15200

Reference no: EM132804113

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