An individual, named "John", has acquired a piece of equipment for his business at a cost of $100,000. The equipment is subject to the reducing balance method of Capital Cost Allowance (CCA) and is eligible for a CCA rate of 20%. Based on the information provided, determine the amount of CCA that John can claim in the first and second year of ownership?

Note: To simplify the calculations, assume that the CCA is claimed at the end of each year.