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1 Calculate the maximum CCA and ending UCC balances for all related CCA classes in each of the scenarios below. Assume each company has a

1 Calculate the maximum CCA and ending UCC balances for all related CCA classes in each of the scenarios below. Assume each company has a December 31st year end. Scenario A (use Accll rules) A-Star Co. has the following UCC balances at the beginning of the year: Class 1 (no special elections made) Class 8 Class 10 Class 12 $108,000 60,000 95,000 $1,000 During the year, A-Star purchased $50,000 of new Class 8 items and $10,000 of new Class 10 items. It disposed of the following: CCA Class Class 8 Class 10 Class 12 Proceeds on Capital Cost disposition $20,000 $10,000 $35,000 $16,000 $2,000 $2,500 Scenario B (use half year rule) BakerStreet Ltd., a baked goods catering company began operations on August 1. It purchased three (3) non-electric passenger vehicles for $50,000 each, and a $500,000 building. Kitchen appliances costing $15,000 were also purchased, along with various kitchen utensils costing less than $500 each, totalling $3,000. Its incorporation fees were $4,000. Scenario C (use half year rule) C-Me-Learn Ltd. is a tutoring company which leases its space and had the following UCC balances at the beginning of the 2021 year: Class 8 Class 50 $16,000 21,000 In November 2021, it decided that its premises and furniture needed an upgrade. It sold all the current furniture, which originally cost $45,000 for proceeds of $10,000. It also spent $80,000 in leasehold improvements, which were finished on December 28, 2021. New furniture will be purchased early in the new year. The lease agreement began on January 1, 2019, and has a 5-year term. It is renewable for another 5-year term, followed by a final 3-year term

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