Question $8(11$ points$)$

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Ms$.$ A acquires a residential property on May $1,2023($i$.$e$.$ this property is a new property for her$)$ The total cost of the property is $$485,000,$ with $$95,000$ of this total being allocated to the land. Upon the acquisition, she spends additional $$30,000$ to add a powder room to the first floor $(($Hint: note that this addition was made in the same year, and it was a major improvement to the same building$).$

During $2023,$ she receives $$36,000$ in rent, and expenses other than CCA total $$16,000.$

Complete the following $11$ boxes below in the correct order.

Round to the nearest dollar amount $-$ all inputs should be in a positive whole number. Do not write a negative sign, $$,$ commas or brackets in your inputs. If your answer is nil, write a number zero $"0"($without $""$ or any signs$).$

Required:

A$.$ Determine the maximum CCA that is available for $2023($without considering the net rental income$).$

$($Hint: This building was acquired in May this year, so it did not exist previously.$)$

$\backslash$table$[[,$Class $1],[$Opening UCC, Blank$-1]],[$Additions$,$ Blank$-2]],[$Accll Adjustment, Blank$-3]],[$CCA Base, Blank$-4]],[$Rate$,$ Blank$-5]\%],[$Max CCA available, Blank$-6]]]$

B$.$ Determine Ms$.$ A$\text{'}$s minimum net rental income for the year.

$\backslash$table$[[$Rent Received, Blank$-7]],[$Expenses $($not including CCA$),$ Blank$-8]],[$Rental Income before CCA, Blank$-9]],[$CCA Deduction allowed, Blank$-10]],[$Net Rental Income $($after CCA deduction$),$ Blank$-11]]]$

Blank # $1$ A

Blank # $2$ A

Blank # $3\sqrt[A]{?}$