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The taxation year of the Appleton Manufacturing Company, a Canadian public company, ands on December 31 . On January 1,2022 , the UCC balances for

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The taxation year of the Appleton Manufacturing Company, a Canadian public company, ands on December 31 . On January 1,2022 , the UCC balances for the various classes of depreciable property owned by the company are as follows. View the UCC balances. View the purchases of dopreciable property. View the dispositions. View additional information. Read the requirements. Class 1-Building (Round your answers to the nearest dollar. For entries with a $0 balance, make sure to enter " 0 " in the appropriate input field) Hass 8-Office Furniture and Equipment Round your answers to the nearest dollar. For entries with a $0 balance, make sure to enter "0" in the appropriate input field.) Class 10 -Vehicles (Round your answers to the nearest dollar. For entries with a $0 balance, make sure to enter " 0 in the appropriate input field.) Class 12-Tools (Round your answers to the nearest dollar. For entries with a $0 balance, make sure to enter " 0 " in the appropriate input field.) Class 13 -Leasehold Improvements (Round your answers to the nearest dollar. For entries with a $0 balance, make sure to enter " 0 " in the appropriate ingut field) lass 14-Intangible Property Round your answers to the nearest dollar. For entries with a 50 balance, make sure to enter " 0 " in the appropriate input field.) Class 50-Computer Hardware (Round your answers to the nearest dollar. For entries with a $0 balance, make sure to enter " 0 " in the appropriate input field.) Class 53-Manufacturing Equipment (Round your answers to the nearest dollar. For entries with a $0 balance, make sure to enter " 0 in the appropriate input field.) Other income Eifects (Round your answers to the nearest dollar, For entries with a $0 balance, mako sure to enter " 0 " in the appropriate input felid.) UCC Balances mber 31. On January 1, 2022, the UCCt Purchases mber 31. On January 1, 2022, the UCC balance appropriate input feid.) appropriate input field.] On January 1,2022 , the UCC Dispositions During this same period, the following dispositions occurred. Class 8- Used office furniture and equipment was sold for $35,500. The capital cost of the property was $21,900. Class 10 - Adelivery truck with a capital cost of $23,300 was sold for $8,200. Class 53 - Since the manufacturing operations will be done by subcontractors in the future, all of the manufacturing equipment was sold for $191,000. Its capital cost was $751,600. Additional Information 1. The company leases a building for $27,300 per year that houses a portion of its manufacturing operations. Thefease was negotiated on January 1, 2019, and has an original lease term of eight years. There are two renewal options on the lease, each for four years. The company made $78,200 of leasehold improvements in 2019 immediately after signing the lease. No further leasehoid improvements were made until the current year. 2. On February 24,2022 , one of the company's cars was totally destroyed in an accident. At the time of the accident, the FMV of the car was $11,900. The proceeds from the company's insurance policy were only $8,200. The capital cost of the car was $16,800. 3. In March 2022, the company granted a manufacturing licence for one of its products to a company in southern Ontario. This licensee paid $87,300 for the right to manufacture this product for an unlimited period of time: Calculate the maximum 2022 CCA that can be claimed on each class of property, the January 1, 2023, UCC balance for each class, and any other 2022 income tax consequences from the information provided in the problem. Assume that none of the depreciable property purchases involved non-arm's-length persons nor were they acquired on a rollover basis. In each case the company did not previously own Class 5 (Round any of the property acquired. What is What is Other If (Round Taxable capital gain on class 8 property Taxable capital gain on class 14.1 property The taxation year of the Appleton Manufacturing Company, a Canadian public company, ands on December 31 . On January 1,2022 , the UCC balances for the various classes of depreciable property owned by the company are as follows. View the UCC balances. View the purchases of dopreciable property. View the dispositions. View additional information. Read the requirements. Class 1-Building (Round your answers to the nearest dollar. For entries with a $0 balance, make sure to enter " 0 " in the appropriate input field) Hass 8-Office Furniture and Equipment Round your answers to the nearest dollar. For entries with a $0 balance, make sure to enter "0" in the appropriate input field.) Class 10 -Vehicles (Round your answers to the nearest dollar. For entries with a $0 balance, make sure to enter " 0 in the appropriate input field.) Class 12-Tools (Round your answers to the nearest dollar. For entries with a $0 balance, make sure to enter " 0 " in the appropriate input field.) Class 13 -Leasehold Improvements (Round your answers to the nearest dollar. For entries with a $0 balance, make sure to enter " 0 " in the appropriate ingut field) lass 14-Intangible Property Round your answers to the nearest dollar. For entries with a 50 balance, make sure to enter " 0 " in the appropriate input field.) Class 50-Computer Hardware (Round your answers to the nearest dollar. For entries with a $0 balance, make sure to enter " 0 " in the appropriate input field.) Class 53-Manufacturing Equipment (Round your answers to the nearest dollar. For entries with a $0 balance, make sure to enter " 0 in the appropriate input field.) Other income Eifects (Round your answers to the nearest dollar, For entries with a $0 balance, mako sure to enter " 0 " in the appropriate input felid.) UCC Balances mber 31. On January 1, 2022, the UCCt Purchases mber 31. On January 1, 2022, the UCC balance appropriate input feid.) appropriate input field.] On January 1,2022 , the UCC Dispositions During this same period, the following dispositions occurred. Class 8- Used office furniture and equipment was sold for $35,500. The capital cost of the property was $21,900. Class 10 - Adelivery truck with a capital cost of $23,300 was sold for $8,200. Class 53 - Since the manufacturing operations will be done by subcontractors in the future, all of the manufacturing equipment was sold for $191,000. Its capital cost was $751,600. Additional Information 1. The company leases a building for $27,300 per year that houses a portion of its manufacturing operations. Thefease was negotiated on January 1, 2019, and has an original lease term of eight years. There are two renewal options on the lease, each for four years. The company made $78,200 of leasehold improvements in 2019 immediately after signing the lease. No further leasehoid improvements were made until the current year. 2. On February 24,2022 , one of the company's cars was totally destroyed in an accident. At the time of the accident, the FMV of the car was $11,900. The proceeds from the company's insurance policy were only $8,200. The capital cost of the car was $16,800. 3. In March 2022, the company granted a manufacturing licence for one of its products to a company in southern Ontario. This licensee paid $87,300 for the right to manufacture this product for an unlimited period of time: Calculate the maximum 2022 CCA that can be claimed on each class of property, the January 1, 2023, UCC balance for each class, and any other 2022 income tax consequences from the information provided in the problem. Assume that none of the depreciable property purchases involved non-arm's-length persons nor were they acquired on a rollover basis. In each case the company did not previously own Class 5 (Round any of the property acquired. What is What is Other If (Round Taxable capital gain on class 8 property Taxable capital gain on class 14.1 property

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