ember 31 year-end. On March 1, 2017, Jennifer Lobo incorporated Lobo Enterprises Inc. (LEI) with a December 31 year-end. The corporation purchased the licence to manufacture the computer software version of the latest trivia game, "Tax is Microcosm of Life on DVD". LEI acquired the following assets:

• Manufacturing equipment..................................................................$20,000
• Tools (each costing under $500)................................................. ........16,000
• Dies and moulds.................................................................................. 8,000
• Computer equipment and systems software....................................... 12,000
• Photocopier................................................................................... ........6,000
• Office furnishings................................................................................. 15,000
• Customer lists (expected to be used indefinitely)......................... .........4,000
• Delivery Van................................................................................... ......28,000
• TV commercial video tape.............................................................. ......22,000
• Chairs and tables (for the employee eating area............................ .......2,500
• Automobile (for use by sales manager) ................................................ 38,000
• Licence to manufacture, based on patented information,

"Tax is a Microcosm of Life on DVD" for three years ending

February 28, 2020........................................................................... 30,000

• Made improvements on the building that LEI lease on

March 1, 2017; the lease was for three years with two successive

options to renew of three years and four years................................ 9,000

During 2018, LEI made the following disposals:

• Sold the photocopier...............................................................................(4,000)
• Sold the automobile................................................................................(23,000)
• Sold the TV commercial video tape........................................................(18,000)
• Sold some of the tools (costing less than $500 each).............................(5,000)

You have been asked to prepared a schedule to show the maximum capital cost allowance for the fiscal years ended December 31st, 2017 and December 31, 2018, ignoring HST considerations. For file documentation, where choices are available, state the reasons for your decision. Ignore the effects, of any, of a leap year.