Canadian Donuts is looking at a new investment opportunity, which will reuire the purchase of a capital asset of $$1$ million and additional raw materials inventory of $$50,000.$ The project is expected to generate operating revenue of $$750,000$ per year, and the associated operating expenses are estimated at $$350,000$ per year. The project has a five$-$year economic life. This capital asset belongs to asset class $8,$ which has a CCA rate of $20\%.$