Farine Ltd has a December 31 taxation year end, On January 1, 2021 the company had multiple class 10 properies. The January 1, 2021 UCC balance is $83 400. The combined capital cost of all existing class 10 property is $110000. The following Class 10 transactions occurred in 2021:

On May 1, 2021, all of the original class 10 properties are sold for $92,400

On June 1, 2021, additional class 10 property is acquired for $105,000

On December 1, 2021, all of the new properties acquired in June are sold for $65,000

On December 31, 2021, there are no properties assets remaining in Class 10.

Show all calculations: Determine the income tax consequences of these transactions in 2021? IN addition. Determine the Class 10 UCC balance at January 1, 2022.

UCC January 1,2021 ..........

+Acquisitions/ -Dispositions

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UCC balance December 31,2021................

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January 1, 2022, UCC.......................................