Calculate CCA for the following

Purchases made during fiscal year ended June 30, 2022 were as follows:

a) A new warehouse was purchased in February 2022 for $240,000. The cost of the land was $70,000 and the balance was allocated to the building;

b) The company replaced its only photocopier with two new models, one that included a facsimile machine. The new photocopier machines were purchased in August 2021 and the cost $24,000 and $18,000 respectively. The old photocopier was sold for proceeds of $3,500.

c) Improvements on its leased administrative offices were made at a cost of $224,000 in February 2022. The premises were rented in February 2020 for 4 years with two successive options to renew for 5 years each. In February 2020, improvements were made in the amount of $360,000;

d) New manufacturing machinery was purchased in February 2022 for $250,000 to replace old machinery that was sold on e-Bay for $20,000, purchased in January 2016 for $100,000;

e) A 20-year license to use a manufacturing process was purchased on May 1, 2022 for $160,000;

f) The only company truck the company had was sold in January 2022, which was purchased in fiscal 2020 for $44,000. The truck was sold for $22,000.

9 The undepreciated capital cost balances at July 1, 2021 were as follows:

Class 1 .................................................................................................................... 26,600 Class 8 (photocopier) ............................................................................................. 11,750 Class 10 ................................................................................................................... 26,180 Class 13 .................................................................................................................. 300,000 Class 53 .................................................................................................................. 313,750 Assume that the Ontario tax rate is 12%. From March 31, 2021 to July 15, 2022 James Bond Ltd. declared and paid the following taxable cash dividends which were non-eligible: Date Declared Date Paid Amount March 31, 2021 April 15, 2021 $36,000 June 30, 2021 July 15, 2021 $25,500 September 30, 2021 October 15, 2021 $31,500 December 31, 2021 January 15, 2022 $35,000 March 31, 2022 April 15, 2022 $20,000 June 30, 2022 July 15, 2022 $15,000