Question $13(6$ points$)$

ABC Ltd$.$ has a December $31$ year end. The Company leases its office space under a

lease that was signed on January $1,2019.$ The lease term is $5$ years, with an option to

renew at an increased rent for an additional $5$ years. In $2019,$ the Company spent

$$150,000$ renovating the premises. In $2023,$ the Company spent another $$30,000$

renovating the space due to the growing business.

Required: Determine the maximum amount of Class $13$ CCA that the Company can

deduct for $2023$ and $2024.$

Complete the following boxes in the correct order.

Round to the nearest dollar amount. Do not write any $ sign, commas or brackets.

$2023$ year CCA amount...$[$Blank$-1]$

$2024$ year CCA amount...$[$Blank$-2]$

Blank# $1$

A

Blank# $2$

A$/$

A

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