September 1, 2017 Assignment Problem Five - 5 (CCA Calculations Over 3 Years) is an buttons to various clients throughout the city of Toronto and online, Clients include political The owner/operator is Bob Pope and his business is selling decorative and promotional A building to house his operations. The total cost of the building was $862,000, including 92 percent of the space being used for manufacturing the buttons. The building is allo an estimated $220,000 for the land. The building is used exclusively for his business, with Bob's business policy is to take maximum CCA. During 2018, the following transaction cated to a separate Class 1. Furniture and fixtures with a cost of $120,000. . Two customized delivery vehicles at a cost of $36,000 each. parties, retail and online stores, sports teams, and various religious organizations. When he began operations in 2017, he acquired the following assets: involving capital assets take place: As the business has enjoyed early success, on April 1, Bob purchases a $110,000 Lexus. He has large logos of the business painted on both sides of the vehicle. Since Bob inher. ited a Jeep, a Ferrari and a BMW motorcycle, he drives the Lexus 100 percent for business purposes. The business acquires four new delivery vehicles at a cost of $38,000 each. As part of this purchase, the two vehicles acquired in 2017 are traded in. An allowance of $21,000 is received for each vehicle. As Bob believes in free speech and has been told repeatedly by his family that he has a very twisted sense of humour, some of his favourite buttons have created social media firestorms. After Bob receives death threats, he decides to terminate his business in 2019 and start a new home security business in Alberta. By December 31, 2019 all of the assets are sold. The proceeds are as follows: Building The building is sold for $903,000, with $220,000 of this value allocated to the land on which the building is situated. Furniture And Fixtures These assets are sold for $53,000. bat Delivery Vehicles The four delivery vehicles are sold for $34,000 each. 2019 Lexus The Lexus is sold for $62,000. Required: Determine the maximum CCA that can be taken in each of the years 2017 through 2019. In your calculations, include and identify the UCC balances for January 1, 2018, January 1, 2019, and January 1, 2020. In addition, indicate any tax effects resulting from the 2018 and 2019 dispositions. Ignore GST/HST considerations