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XYZ Ltd purchased 4 photocopiers costing $7.500 each for a total of $30,000. The vendor...

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Accounting

XYZ Ltd purchased 4 photocopiers costing $7.500 each for a total of $30,000. The vendor gave $8,000 for the old equipment which originally costed $25,000. At the beginning of the current year, the Class 8 UCC balance was $16,000. What is the maximum CCA deduction for 2022 when you consider the above transactions?

$5,400

$10,600

$7,600

$9,800

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