On May Jennifer Lobo has an unincorporated business called Lobo Enterprises with a December year end. She purchased the licence
to manufacture the boardgame and app version of the latest gameshow, "Tax is a Microcosm of Life". She also acquired the following assets on May. CHECK IMAGE OF ASSETS AQUIRED!!!
:
ITA: a; ITR: phb; Sch II III
During she made the following disposals:
Sold the automobile
Sold the design software
You have been asked to prepare a schedule to show the maximum capital cost allowance for the fiscal years ended December and
December ignoring HST considerations. For file documentation, where choices are available, state the reasons for your decision. Ignore the
effects, if any, of a leap year.
