M Enterprises has a business calendar year ending, December 31st. The business has the following information about its depreciable properties at the beginning of 2021: Compute the Capital Cost Allowance of Class 8 - Furnitures given the following information: Type of Asset Beginning UCC CCA Rate Class 8 Furnitures 52,000.00 20% a) M Enterprises purchased an additional furniture in January 1, 2021 amounting to $15,000 b) M Enterprises disposed a portion of Class 8 assets for $8,000. The original cost of the asset was 12,000. Formula for CCA Computation: UCC Beginning + Net Additions (Purchases less Disposition) + AccII Adjustment x CCA Rate AccII Adjustment = 50% of Net Addition for the year Net Addition for the year = Acquisition less disposition Disposition During The Year = lesser of original cost of the asset or proceeds of disposition Note: Answer should be in whole number. No $ sign, comma or decimal is required. e.g. 17205 Enter "0" if the result is recapture or terminal loss.