Fabric Ltd. has a taxation year which ends on December 31. On January 1, 2020, the Company had 10 metsins 10. The Janary 1, 2020 balance in this is $81400. The pul cost of these 10 sets was 5110000 Subsequent transactions during the year are as follow On May 1, 2020, all of the original on 10 ovets are sold for $22.400 On June 1, 2020,10 news are create cost of $105.000 On December 1, 2020. the 10 new acts are sold for $65.000 On December 31, 2020, no ossets remain in 10. What is the effect of these transactions on the Companys 2020 business income? In addition determine the January 1 2021 UCC balance