The following information applies to Wildhorse Corporation, which reports under IFRS.

Prior to $2022,$ taxable income and accounting income were identical.

Accounting income was $$1\mathrm{.}7$ million in $2022$ and $$1\mathrm{.}49$ million in $2023.$

On January $1,2022,$ equipment costing $$1\mathrm{.}43$ million was purchased. It is being depreciated on a straight$-$line basis over eight

years for financial reporting purposes, and is a Class $8-20\%$ asset for tax purposes.

Tax$-$exempt interest income of $$60,000$ was received in $2023.$

The tax rate is $30\%$ for all periods.

Taxable income is expected in all future years.

Wildhorse had $100,000$ common shares outstanding throughout $2023.$

$($a$)$

Calculate the amount of capital cost allowance and depreciation expense for $2022$ and $2023,$ and the corresponding carrying

amount and undepreciated capital cost of the depreciable assets at the end of $2022$ and $2023.$

Capital Cost

Allowance

$

$

$

$1,001,000$

$200,200$

Undepreciated

Capital Cost

Expense

$

Depreciation

Expense

Value

Net Book

$ COMPLETE PART B