On January $1$; $2024,$ Carlson Manufacturing, a CCPC$,$ had the following UCC balances:

$\backslash$table$[[$Class $53,$$$462,000$

Exercise $5-7$

Subject: Class $14$ Acquisitions

Arnot Ltd$.$ has a December $31$ taxation year end. On Aprill $1,2024,$ Arnot pays $$375,000$ to enter a franchise agreement. The life of the franchise is $10$ years. Determine the maximum CCA for $2024$ and the January $1,2025,$ UCC.On January $1$; $2024,$ Carlson Manufacturing, a CCPC$,$ had the following UCC balances:

$\backslash$table$[[$Class $53,$$$462,000$

Exercise $5-7$

Subject: Class $14$ Acquisitions

Arnot Ltd$.$ has a December $31$ taxation year end. On Aprill $1,2024,$ Arnot pays $$375,000$ to enter a franchise agreement. The life of the franchise is $10$ years. Determine the maximum CCA for $2024$ and the January $1,2025,$ UCC.On January $1$; $2024,$ Carlson Manufacturing, a CCPC$,$ had the following UCC balances:

$\backslash$table$[[$Class $53,$$$462,000$

Exercise $5-7$

Subject: Class $14$ Acquisitions

Arnot Ltd$.$ has a December $31$ taxation year end. On Aprill $1,2024,$ Arnot pays $$375,000$ to enter a franchise agreement. The life of the franchise is $10$ years. Determine the maximum CCA for $2024$ and the January $1,2025,$ UCC.

Exercise $5-8$

Subject: Class $53$ Acquisitions

On January $1,2024,$ Arco Inc. had a Class $53$ UCC balance of $$500$;$000.$ In $2024,$ property with a capital cost of $$100,000$ is added to the class. There are no dispositions in the year. Determine the maximum Class $53$ CCA for $2024,$ as well as the January $1,2025,$ UCC balance.