please explain the answers

The following information relates to Davion Dennis Ltd. for its taxation year that ends on December 31, 2020:

1. The Company has UCC balances on January 1, 2020 for its tangible assets as follows:

Class 1 (A single building acquired in 2012) $478,695

Class 8 243,000

2. During 2020, the building that was acquired in 2012 was sold for cash of $650,000. Of this total, $125,000 represented the value of the land on which the building was situated. The building had a capital cost of $625,000, of which $80,000 represented the value of the land at time the building was acquired.

The building was replaced during 2020 with a new building at a cost of $745,000, of which $125,000 represented the value of the land.

The old building was used 100 percent for office space and was allocated to a separate Class 1. The new replacement building is also used 100 percent for office space and is allocated to a separate Class 1.

3. During 2020, the Company purchased office furnishings for $74,000. They traded in older furnishings and received an allowance of $22,500. The capital cost of the furnishings that were traded in was $56,000.

4. During the year, Davion Dennis Ltd. purchased a Lexus to be used by the president of the Company. The cost of this car was $93,000. The president drives it 23,000 kilometers during the year, of which 5,750 kilometers are for employment related purposes.

5. The company conducts some of its business out of a building that it leases. The lease was signed on February 1, 2020 and had an initial term of 3 years. It has an option to renew for 1 year. At the time the lease was signed, Davion Dennis Ltd. spent $150,000 on leasehold improvements.

6. Davion Dennis Ltd. has always deducted the maximum CCA in each year of operation.

Required: Calculate the maximum CCA that can be deducted for each class for 2020. In addition, indicate the amount of any recapture or terminal loss that results from dispositions during 2020.