AP 5-3 (CCA Calculations over Five Years) Golden Dragon Ltd. begins carrying on business in Vancouver on September 1, 2017. The busi- ness includes an elegant sit-down restaurant specializing in northern Chinese cuisine, as well as a take-out service that provides home delivery throughout the city. To facilitate this latter opera- tion, on October 12, 2017, the company acquires 20 small cars to be used as delivery vehicles. The cost of these cars is $12,000 each and, for purposes of calculating CCA, they are categorized as class 10. During the first year of operations, the company establishes a calendar-based taxation year ending on December 31. For the 2018 through 2022 taxation years, the following transactions take place with respect to the company's fleet of delivery cars: 2018 In June, the company acquires five more cars at a cost of $12,500 each. In addition, three of the older cars are sold for total proceeds of $27,500. 2019 There are no new purchases of cars during this year. However, four of the older cars are sold for total proceeds of $38,000. 2020 In December 2020, 13 of the original cars and 3 of the newer cars are sold for $128,000. It was the intent of the company to replace these cars. However, because of a delay in delivery by the car dealer, the replacement did not occur until January 2021. 2021 In January 2021, the company takes possession of 25 new delivery cars at a cost of $16,000 each. No cars are disposed of during 2021. 2022 In March 2022, there is a change in management at Golden Dragon Ltd. They conclude that the company's take-out operation is not in keeping with the more elegant image that the sit-down restaurant is trying to maintain. As a consequence, the take-out operation is closed, and the 27 remaining delivery cars are sold. Because of the large number of cars being sold, the total proceeds are only $185,000. Golden Dragon Ltd. claims maximum CCA in each of the five taxation years under consideration. Required: For each of the 2018 to 2022 taxation years, calculate CCA, recapture, or terminal loss for Golden Dragon's fleet of cars. In addition, indicate the January 1 UCC for each of the taxation years 2019 through 2023. Assume that none of the vehicles are zero-emission and that none were sold for more than its original cost. NOTE Prior to November 21, 2018, the half-year rule was in effect. For 2019, 2020, and 2021, the Accll provisions are available.