Tax information Prepared by Bruce MacDonald 1. Information regarding property, plant, and equipment at December 31: Additions to property, plant, and equipment: Manufacturing equipment 8 513,888 Delivery trucks 169,370 Office equipment 14,230 Computer hardware 12,110 Computer software 13,670 Leased asset 1 068 067 $ 1,791,335 0 All software additions this year were application software. 0 Quality's building was purchased five years ago. At that time, Quality did not make an election to place the building in a separate Class 1 at the accelerated rate of 10%. 0 $326,625 of amortization is included in current-year cost of sales in the income statement. - Lease payments related to the capitalized lease asset for the year amounted to $98,000 and interest on the lease liability (included in interest and bank charges) was $48,503. 0 Lease payments under the provincial land agreement totalled $36,000 and were included in rent expense. 2. Undepreciated capital cost balances at the beginning of the year were as follows: Class 1 $ 416,400 Class 8 131,800 Class 10 76,300 Class 12 15,300 Class 43 765,775 Class 50 4 360 $ 1,409,935