The income statement has been prepared by Daisy Ltd's accountant for the current year ending December 31, 2022 is as follow: Sales 80,00,000 Cost of goods sold 54,00,000 Gross Profit 26,00,000 Operating Expenses General and administrative expense (Note 1) (2,11,000) Meal and Entertainment(Note 2) (31,000) Interest expense ( Note 3) (1,650) Repairs and Maintenance (62,000) Amortization expense (Note 4) (1,50,000) (4,55,650) Operating Income 21,44,350 Other Income and expense: Interest Income 1,10,532 Loss on disposal of limited life licence (17,000) Income before income tax expense 22,37,882 Income tax expense (1,70,000) Net Income 20,67,882 Notes: 1. General and administrative expense include: Donations to registered charities 27,000 Accrued bonues 78,000 (Accrued June 1, 2022, paid January 16, 2023) Tax filing services for 2021, paid in March 15, 2022 2,000 Payroll Expenses 60,000 New software purchases on October 1, 2022 38,000 ($13,000 for application software and $25,000 for systems software) Accounting and legal fees for amendments to articles of incorporation 6,000 2. Meals and entertainment expenses: Premium membership at golf club for Daisy 6,000 Memberships at golf club for salespeople 2,000 Meals while enteretaining clients 17,000 Annual summer BBQ for all staff 6,000 3. Interest expese paid to CRA due to late payment of tax owing 1,500 Interest expense paid to Enmax due to late payment of January's bill 150 4. Maximum CCA has always been taken on all depreciable property. The UCC balances at January 1, 2022 are as follows: Class 8 95,000 Class 14 68,000 Class 14.1 - Class 10.1 13,090 a. In 2022, a limited life licence to produce costumes based on a popular theme park was sold for $63,000. The original cost of this licence was $95,000 and its carrying value at the time of sale was $80,000. The licence was the only property in class 14 b. Daisy Ltd purchases land and constructed a new building on it during the year. The building will be used 95% for manufacuring and processing. An election was made to include the building in a separate class 1. The cost of the land was $350,000, and the building cost $475,000 to construct. c. New furnitures for the receiption area were purchased for $1,200, and some outdated desks used by the finance department with a cost of $5,000 were sold for $3,500 d. Daisy purchased a fuel car worth $50,000 for one of the salespersons to use for employment purposes. Requirement: PART I : (24 points ) Using an Excel workbook to prepare the Capital Cost Allowance (CCA) schedule and the UCC (Undepreciated Capital Cost) balance for Daisy Ltd,. PART II: (14 points) "Using an Excel workbook preapre a reconciliation schedule for Daisy Ltd. Calculate the minimum net income for the 2022 taxation year for Daisy Ltd,. Provide a brief description of the items that are not included in your calculation. " please prepare CCA according to schedule 8