Assignment Problem Five - 1 (CCA And Tax Planning) For its taxation year ending December 31, 2019, Marion Enterprises has determined that its operating Net Income For Tax Purposes before any deduction for CCA amounts to $53,000. The Company does not have any Division C deductions, so whatever amount is determined as Net Income For Tax Purposes will also be the amount of Taxable income for the taxation year. On January 1, 2019, the Company has the following UCC balances: Class 1 (Building Acquired in 2004) $876,000 Class 8 220,000 Class 10 95,000 Class 10.1 (Porsche - Cost $110,000) 25,500 Class 10.1 (Cadillac - Cost $45,000) 25,500 During 2019, the cost of additions to Class 10 amounted to $122,000, while the proceeds from dispositions in this class totaled $87,000. The capital cost of the assets retired totaled $118,000. None of the individual assets sold had proceeds of disposition that exceeded their individual capital cost. There were still assets in Class 10 on December 31, 2019. There were no acquisitions or dispositions in Class 1, 8 or 10.1 during 2019. The Company plans to sell the Porsche in 2020 and expects to receive about $75,000. During the preceding three taxation years, the Company reported Taxable income totalling $39,000 for the three years. Required: A. Calculate the maximum CCA that could be taken by Marion Enterprises for the taxation year ending December 31, 2019. Your answer should include the maximum that can be deducted for each CCA class