Michael Chan purchased 100% of the issued shares of Quality Rest Inc., a Canadian-controlled private corporation, which owns and operates an assisted-living retirement home in Ontario. Quality Rest has a December 31 fiscal year end. The transaction closed on October 1, 2022. At that time, the values of certain assets owned by Quality Rest were as follows:

	Cost		UCC	FMV
Land	$	145,200	N/A	$	300,000
Building		280,000	108,900		350,900
Furniture and fixtures		100,000	78,700		60,500
Computer equipment		14,500	7,300		9,700
Inventory		66,600	N/A		62,900
Marketable securities		29,000	N/A		12,100
Incorporation/organization costs		12,100	1,200		500

Michael selected December 31, 2022 as the first fiscal year-end for Quality Rest after the acquisition. The following is a schedule of Quality Rest's income and unused losses for the period January 1, 2021 through December 31, 2023.

	Business Income (loss)		Taxable Capital gain	Net capital loss
January 2021 December 31, 2021	$	(100,000)	$ Nil	(22,000)
January 1, 2022 September 30, 2022		(242,000)	Nil	Nil
October 1, 2022 December 31, 2022		(70,000)	Nil	Nil
January 1, 2023 December 31, 2023		40,000	10,000	Nil

Required: Assuming Quality Rest does not make an election to recognize accrued gains or recapture under paragraph 111(4)(e) of the Income Tax Act

State the tax value (e.g., ACB, UCC) for each of the assets at October 1, 2022.

question 1a is correct, i just need help with 1b

Land Cost Building UCC Furniture and fixtures UCC Computer equipment UCC Supplies Inventory Marketable securities Cost Incorporation UCC Michael Chan purchased 100% of the issued shares of Quality Rest Inc., a Canadian-controlled private corporation, which owns and operates an assisted-llving retirement home in Ontario. Quality Rest has a December 31 fiscal year end. The transaction closed on October 1, 2022. At that time, the values of certain assets owned by Quality Rest were as follows: Michael selected December 31,2022 as the first fiscal year-end for Quality Rest after the acquisition. The following is a schedule of Quality Rest's income and unused losses for the period January 1, 2021 through December 31, 2023. 1(a). Calculate the business loss for tax purposes for the period January 1, 2022 through September 30,2022. 1(b). State the tax value (e.g. ACB, UCC) for each of the assets at October 1,2022