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During the current year, Jacob Corporation incurred costs of $45,000 for leasehold improvements to its...

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Accounting

During the current year, Jacob Corporation incurred costs of $45,000 for leasehold improvements to its newly rented building. The lease was signed in the current year for an initial term of three years plus four successive options to renew the lease, each for an additional one year term. What amount represents the maximum CCA claim in the current year?

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