Olander Inc. begins operations on
August 1, 2020. On September 15, 2020, the company acquires $115,000 in Class 8
assets. The company has a December 31 year end and no other depreciable assets
are acquired or disposed of before December 31, 2020. The assets are eligible
for the AccII. Determine the maximum Class 8 CCA for the fiscal period ending
December 31, 2020, as well as the January 1, 2021, UCC.
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