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What would be the maximum deduction

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Question - A business decided to replace the passenger vehicle provided to one of its managers. The old auto had an original cost of $25,000, undepreciated capital cost (UCC) of $10, 000 and was sold for $8,000. No other vehicles were in the pool. The new passenger vehicle cost $35,000. What would be the maximum deduction that would be claimed in the year?

A) $4,500

B) $6,000

C) $6,500

D) $7,250

Reference no: EM132540788

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