In October of $2019$ Solea Company purchased a zero$-$emission automobile for $$70,000.$ The vehicle will be used exclusively in the company business. The Company uses a calendar$-$based taxation year ending December $31.$ On January $1,2022$ the Class $54$ UCC balance was Nil as the Company always claims maximum CCA. On August $1,2022$ the vehicle is sold for $$17,000.$ There are no other properties in the class at December $31,2022.$ What are the income tax consequences of the sale of the vehicle?