The following three independent cases involve the income tax consequences of incurring expenditures that are eligible for investment tax credits. (CANADA)

Case A.	Case B.	Case C
Since its incorporation, Ltd. has been a CCPC. 's taxable income was for its taxation year ending December 31, , and for its taxation year ending December 31, . Lucasville Lucasville $756,100 2021 $812,100 2022 Its Taxable Capital Employed in Canada (TCEC) was $11,530,000 for 2021 and $12,160,000 in 2022.	Galveston 2021 $12,100 $5,700 2022 2022 Its TCEC is $12,340,000 in 2021 and $14,580,000 in 2022. In 2022, the company incurred a number of expenditures that qualify for investment tax credits. $85,900 for qualified property in the Atlantic provinces $3,220,000 in current expenditures for SRED	In 2021 , Bird Inc. pays eligible salaries to 10 eligible apprentices. The total amount is $249500, with five apprentices paid $15,100 each and five apprentices paid $34,800 each. In addition, on December 10, 2021, Bird Inc. acquires $802,000 in Class 10 depreciable property on which a 10% investment tax credit is available. Assume that the investment tax credits available will be deducted against federal income tax payable in the taxation year in which they are earned.
Required Determine Lucasville's SRED expenditure limit for the 2022 taxation year.	Required Determine the amount of any refund that GSE will be entitled to as a result of these investment tax credits and any available carry forwards. Include in your answer any other related income tax consequences.	Required Describe the 2021 and 2022 income tax consequences associated with the expenditures and claiming the related investment tax credits. Include in your solution the CCA for 2021 and 2022 for Case C.

Case A. Determine

Lucasville's SRED expenditure limit for the 2022 taxation year.

What is Lucasville's 2022 expenditure limit?

Part 2

Case B. Determine the amount of any refund that GSE will be entitled to as a result of these investment tax credits and any available carry forwards. Include in your answer any other related income tax consequences. (Round your answers to the nearest whole dollar.)

What refund is available to GSE?
What amount can be carried forward?

Determine the change in the cost of qualified property in 2023. (Use parentheses or a minus sign for a negative value.)

How does the cost of qualified property change in 2023?

Part 4

Determine the refundable tax credit on current SRED expenditures that will be added to income in 2023.

(Round your answer to the nearest whole dollar.)

What is the refundable tax credit?

Case C. Describe the 2021 and 2022 income tax consequences associated with the expenditures and claiming the related investment tax credits.

Determine the credit against 2021 tax payable that will be added to income in 2022 with respect to the apprentice salaries.

What is the credit against 2021 tax payable?

Part 6

Determine the 2022 credit against federal tax payable with respect to capital expenditures.

What is the credit against 2022 federal tax payable?

Part 7

Determine the 2021 and 2022 CCA amounts, as well as the UCC at December 31, 2022.

What is the 2021 CCA amount?
What is the 2022 CCA amount?
What is the UCC at December 31, 2022?