In the current year H Ltd., an HST registrant, disposed of a passenger vehicle (cost $38,000; UCC $22,000) for $16,000. At the same time H purchased a new passenger vehicle for $46,000 including HST. What is the maximum CCA deduction that H can claim in the current year?

Answer: 7,800

J Ltd.s office building was destroyed by fire in the current year. Buildings original cost was $200,000 and the class 1 UCC balance at the beginning of the year was $170,000. The building was insured for its market value of $250,000. A new building costing $290,000 was constructed 18 months after the fire. What is the minimum recapture of CCA for tax purposes in the current year?

Answer: 0

During the current year L sold his business and received $420,000 for its related franchise. The franchise had an original cost of $310,000 and its UCC at the beginning of the current was $200,000. What is the total amount that is included in Ls net income for tax purposes in the current year with respect to the sale of the franchise?

Answer:165,000

Can you please explain to me why those are the answers? Thank you.