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Exercise Five - 5 Subject: Class 14 - No Half-Year Rule On March 31, 2011,...

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Exercise Five - 5 Subject: Class 14 - No Half-Year Rule On March 31, 2011, Arnot Ltd. pays $375,000 to enter a franchise agreement. The life of the franchise is 10 years with rights commencing on April 1, 2011. Determine the maximum CCA for 2011 and the January 1, 2012 UCC balance

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