As Controller of Acme Inc. you are in the process of completing the corporate tax return Today, you have come to the fixed asset section and have identified three things you need to do? 1. Calculate the maximum CCA that can be claimed as well as any other income inclusions or deductions. 2. Calculate the ending UCC balance in each class. 3. Identify adjustments you will need to make to reconcile accounting income and income for tax purposes. The following is the information in your files: Acme Inc. has been in business for a number of years. The following are the balances in its CCA classes at the end of its last fiscal year. Class Note Rate Balance Single building 5% $ 225,000 8 Multiple assets 20% 30,000 10 Multiple assets 30% 20,000 10.1 Single automobile 4 30% 13,000 During the year it had the following transactions: 1. It sold the building and moved into rented space. It received proceeds of $250,000 for the building which had an original cost of $275,000 and a net book value of $180,000. 2. It sold a class 8 asset for $3,000 which had an original cost of $6,500 and a net book value of $3,600. 3. It bought a class 10 asset for $6,000. It also sold a class 10 asset for $8,000 which had an original cost of $7,000 and a net book value of $5,500. 4. It sold the class 10.1 asset for $15,000 which had an original cost of $45,000