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Maple Enterprises Ltd . , a public corporation, has always claimed maximum CCA. The following information relates to the corporation capital transactions: The undepreciated capital
Maple Enterprises Ltd a public corporation, has always claimed maximum CCA. The following information relates to the corporation capital transactions:
The undepreciated capital cost of certain CCA classes at the end of the previous taxation year was as follows.
Class $one building in class
Class
In the company expanded into the manufacturing business by purchasing the following assets.
Equipment manufacturing
Product licence for an indefinite period
$
The building was sold in for $original cost $
During the company purchased office furniture for $
Required:
Complete the table below using the given information. If an item is not relevant, leave blank. Use a minus sign when entering numbers that reduce UCC.
UCC, beginning of year
Add Purchases
Less Disposal
Recapture
Less CCA
Ending UCC
tabletableClass BuildingtableClass FurnituretableClass IntangibleLicensetableClass Manufacturingequipment$$$
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