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Lestra Ltd. is engaged in manufacturing and processing, which is 95% of their business, with a December 31 year-end. On January 1, 2020, the undepreciated

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Lestra Ltd. is engaged in manufacturing and processing, which is 95% of their business, with a December 31 year-end. On January 1, 2020, the undepreciated capital cost for each class of its assets was as follows: Class 1 (10%) - manufacturing building $289.401 Class 8 (20%) - office furniture and equipment 60.000 automobile 17.850 Class 10.1 (30%) Class 13 leasehold improvements 165.000 The following additional information was found in the 2020 audit files: 1. The building, which cost $464,309 in 2015, was sold for $260,000. It was the only building in Class 1 MB 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 2020 for $600,000. The new building should go in a separate Class 1 - MB (10%) 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. The opening balance in Class 13 represents leasehold improvements of $210,000 made during 2018 to the leased warehouse. The original lease term was five years with two successive two-year renewal terms. During 2020, further leasehold improvements were made to the same leased warehouse at a cost of $24,000. 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. The opening balance in Class 13 represents leasehold improvements of $210.000 made during 2018 to the leased warehouse. The original lease term was five years with two successive two-year renewal terms. During 2020. further leasehold improvements were made to the same leased warehouse at a cost of $24.000. 1. The Class 10.1 automobile was purchased in 2016 for $34,000. During 2020, it was sold for $21.000. A new automobile was purchased for $40.000. 5. A new computer was purchased in January 2020 for $7,000. This goes in Class 50 (55%). Required: Prepare a schedule to show the maximum deductions for tax purposes available to Lestra Ltd. for 2019 based on the above information. Also show the ending UCC balance of all relevant CCA classes at December 31, 2020

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