Other Items An examination of the closing balances in the capital cost allowance schedule for 2017 provided the following opening balances for the 2018 undepreciated capital cost for each class: Class 1 building $220,000 Class 8 office furniture and equipment 66,000 Class 10 trucks for transportation of goods 80.500 Class 10.1 Corvette automobile 17,850 Class 13 leasehold improvements 182,000 The following additional information was found in the 2018 fixed asset working papers. A. As mentioned above, a new building was purchased in 2018, for $750,000. B. The company paid local gardeners $21,600 for landscaping around its office building in 2018, and capitalized this amount as part of the cost base of the land. C. New office furniture was purchased for $20,000. This purchase replaced old furniture, which was sold for $5,000. None of the old assets was sold for more than capital cost. D. A delivery truck purchased in 2009 for $66,000 was traded in for a new delivery truck. The new truck was priced at $75,000, but this was reduced by a trade-in credit of $15,000 for the old truck. E. Regarding the opening balance in Class 13 ($182,000), leasehold improvements were made to a leased warehouse at a cost of $224,000 in 2016. The remaining length of the lease in that year was six years, with two successive renewal options of two years each. F. On June 1, 2018, the company bought a license that allows them to use proprietary information for two years (the license expires on May 31, 2020). The cost was $17,500