I have attached a file with a tax question and I have no clue how i should proceed. How would I go about answering this questions?

Question 16 (40 minutes) [Chapter 5] Chazerai Ltd. is engaged in manufacturing and processing, which is 95% of their business, with a December 31 year-end. On January 1, 2008 , the undepreciated capital cost for each class of its assets was as follows: Class 1 Class 8 Class 10.1 Class l2 Class 13 building office furniture & equipment automobiles small tools leasehold improvements $220,000 60,000 22,950 5,000 195,000 The following additional information was found in the 2008 audit files: (1) The building, which cost $250,000 in 1998, was sold for $195,000. It was the only building in Class 1 at the time of its sale. The underlying land was sold for proceeds equal to the original cost. Chazerai Ltd purchased a new building in August 2008 for $600,000. (2) New office furniture was purchased for $20,000. This purchase replaced old assets, which were sold for $5,000. None of the old assets were sold for more than original cost. (3) Some small tools were sold for a total of $7,000. All of these tools were sold at a price less than their original cost. (4) The opening balance in Class 13 represents leasehold improvements of $210,000 made during 2006 to the leased warehouse. During 2008, further leasehold improvements were made to the same leased warehouse at a cost of $24,000. The remaining lease term was 5 years with two successive two-year renewal terms. (5) The Class 10.1 automobile was purchased in 2006 for $34,000. During 2008, it was sold for $21,000. A new automobile was purchased for $45,200, which included PST of $3,200 (8%) and GST of $2,000 (5%). (6) A license (expected to be used indefinitely) was purchased for $80,000. (7) A new computer was purchased in September 2008 for $7,000. (8) Chazerai Ltd. is registered to collect and remit GST. Required: Prepare a schedule to show the maximum deductions for tax purposes available to Chazerai Ltd. for 2008 based on the above information