$"$Q$1.$ Blake owns a rental property that is in Class $1$ for CCA purposes $(4\%$ CCA rate$).$ They paid $$250,000$ for the property several years ago and have claimed CCA to December $31,2022$ of $$68,400.$

In $2023,$ the property generated $$24,000$ in rental revenue and Blake incurred $$19,000$ in non$-$CCA expenses related to the property. They also renovated the property at a cost of $$55,000.$ The renovations qualified for capitalization to the same CCA class as the building.

Calculate the maximum CCA, the CCA to claim for $2023,$ AND the ending UCC balance for $2023.$ Show all your calculations for full marks.