Huang Manufacturing Inc. has been in business

Huang Manufacturing Inc. has been in business

Question # 00624721 Posted By: dr.tony Updated on: 12/05/2017 12:10 PM Due on: 12/05/2017
Subject Finance Topic Finance Tutorials:
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Question No 1 (6 Marks)

Huang Manufacturing Inc. has been in business for many years. It has a December 31st year end. In2015, the company bought a new manufacturing machine at a cost of $500,000. They received the machine on November 30th, but it took some time for them to install it, so it wasn't ready to be used until January 15, 2016.

Calculate the maximum CCA that can be claimed in 2015 and 2016 related to this machine.

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    Tutorial # 00623392 Posted By: dr.tony Posted on: 12/05/2017 12:10 PM
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