During 2020, XYZ purchases 2 pieces of office furniture for $10,000 each, spending $20,000 in total. Prior to 2020, they did not own any Class 8 assets. In 2021, the company disposes of one of the items for $8,000 and in 2022, they dispose of the other for $3,000.

Required:

A. Fill in the table below:

Class 8 2020 2021 2022 Opening UCC Additions Dispositions (LOCP) AccII Adjustment CCA Base CCA Deduction n/a AccII Adjustment n/a Ending UCC n/a

B. The tax consequence in the final year (2022) is a(n) in the amount of $