Yellow Ltd$.$ is engaged in manufacturing and processing, which is $95\%$ of their business, with a December $31$ year$-$end. On January $1,2023,$ the balances with regards to capital assets were as follows:

During $2023,$ the automobile was sold for $$21,000.$ A new automobile was purchased for $$45,200,$ which included HST of $$5,200(13\%).$

Required:

Determine the tax consequences to Yellow Ltd$.$ that result from the automobiles in $2023,$ including the UCC balance for January $1,2024.(8$ marks, $11$ minutes$)$