Bonita Limited purchased an asset at a cost of $20,000 on March 1, 2020. The asset has a useful life of seven years and an estimated residual value of $1,000. For tax purposes, the asset belongs in CCA Class 8, with a rate of 20%. Calculate the CCA for each year, 2020 to 2023, assuming this is the only asset in Class 8. CCA $ 2020 2021 $ 2022 $ 2023 $ How would the calculation change for 2020-2023 based on the new CCA rules implemented in late 2018 (see footnote 20) assuming this is "eligible property"? CCA $ 2020 2021 2022 2023 $