Harley Krane purchased a side-by-side duplex in 2018 for $115,000 (land $25,000, building $90,000). The units were designed and previously used for residential use but Harley used them for his business. Both units were used to conduct his law practice; one unit housed a small group of paralegals in his employ, who processed most of the real estate transactions for his clients. In 2020, Harley stopped practicing real estate law in order to concentrate on family law and terminated the staff positions of all paralegals. He then occupied the freed-up duplex unit as his personal residence, which meant he no longer had to commute. At the end of 2019, the duplex building had an underappreciated capital cost of $80,000. Recently, a duplex of similar size across the street was sold for $160,000. Required: How will Harleys net income for tax purposes for 2020 be affected by the above activity? 2020 CCA calculation 2020 opening UCC less deemed disposal-1/2 duplex Interim UCC less 2020 CCA 2020 ending UCC 2020 capital gain calculation Deemed disposal Proceeds less 1/2 duplex Adjusted Cost Base Capital gain Taxable capital gain Harley's increase in net income for tax purposes