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Seved Ha Maple Enterprises Ltd. has always claimed maximum CCA. Maple had the net income of $121.000 excluding the following capital transactions 1 The undepreciated

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Seved Ha Maple Enterprises Ltd. has always claimed maximum CCA. Maple had the net income of $121.000 excluding the following capital transactions 1 The undepreciated capital cost of certain CCA classes at the end of the previous taxation year was as follows: Class 1 Class 8 $242.000 (one building in class) 229.900 2. In 2020, the company expanded into the manufacturing business by purchasing the following assets. Sok Equipment manufacturing) Product licence for an indefinite period $36 300 12.000 3. The building was sold in 2020 for $314,600 (original cost-$278,300) int 4. During 2020, the company purchased office furniture for $16.900 Required: Complete the table below to calculate Maples's net income for tax purposes for the 2020 taxation year of an item is not relevant, leeve blank Use a minus sign () when entering numbers that reduce UCC.) Class 1 Building Class 8 Furniture Class 14.1 Intangible License Class 53 Manufacturing equipment UCC, beginning of year Add Purchases Less Disposal Recapture Less CCA Ending UCC Capital Gain Taxable Capital Gain OS 0 $ 0 0 $ Business income O Net Income for Tax purposes

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