PROBLEM $1(10$ marks$)$ Selocted intormation inm. ADDITIONAL INFORMATION: Bhojani Limited received $$5,000$ in interest from foreign corporations was subject to withholding tax of $$1,250.(2)98\%$ of Bhojani Limited's taxable income is earned in Canada. $(3)$ The opening UCC balance of Class $1($separate class $-6\backslash \%)$ was $$540,450.$ The opening UCC balance of the Class $8$ assets $($equipment $-20\backslash \%)$ was $$82,300.$ Due to a modemation plan, the company disposed of all of its Class $8$ assets for proceeds $$102,000.$ The net book value of these assets was $$94,000$ and the capital cost of the assets was $$99,000.$ Bhojani Limited acquired another building for $$65,000$ and placed it in a separate Class $1(4\%$ CCA rate$).$ Req: coliculate Net Income for tar purposes