Happy House Cleaning Inc. (“HHC”) was incorporated on May 5, 2020, to provide on-demand house cleaning services. At the time of incorporation, HHC establishes December 31 as its year-end for both tax and accounting purposes.

On May 9, 2020, HHC purchased nine cars (CCA Class 10; 30% rate) to be used by the cleaning personnel at a cost of $23,000 per vehicle. On December 2, 2021, HHC trades in two of its old cars for three new minivans. The list price of the new minivans is $28,000 per vehicle and HHC receives a trade-in allowance towards this list price of $12,000 per old vehicle. HHC paid cash for the remaining balance.

REQUIRED

Calculate the maximum Class 10 CCA that can be deducted for the years ending December 31, 2020 and 2021. Ignore the leap year. Calculate the opening UCC balance for the following 2022 year.