Singh Ltd. is engaged in manufacturing and processing, which is 95% of their business, with a December 31 year-end. On January 1, 2019, the undepreciated capital cost for each class of its assets was as follows: Class 1 - building $398,000 Class 8 - office furniture and equipment 42,000 Class 10.1 - automobiles 15,860 Class 12 - small tools 6,000 Class 13 leasehold improvements 300,000 The following additional information was found in the 2019 audit files: The building, which cost $600,000 in 2009, was sold for $500,000. It was the only building in Class 1 at the time of its sale. The underlying land was sold for proceeds equal to the original cost. Singh Ltd. also purchased a new building in August, 2019 for $750,000. (Assume the new asset meets the 90% requirement for Manufacturing and Processing rate). New office furniture was purchased for $20,000. This purchase replaced old assets, which were sold for $5,000. None of the old assets were sold for more than original cost. Some small tools were sold for a total of $7,000. The original cost of the tools was $15,000. The opening balance in Class 13 represents leasehold improvements of $400,000 made during 2016 to the leased warehouse. At the signing of the lease in 2016, the lease term was for 4 years with two 2-year renewal periods. During 2019, further leasehold improvements were made to the same leased warehouse at a cost of $40,000. The Class 10.1 automobile was purchased in 2015 for $39,000. During 2019, it was sold for $18,000. A new automobile was purchased for $45,200, which included HST of $5,200 (13%). A license with a useful life of 5 years was purchased for $35,000 May 30, 2019. A new server was purchased in March, 2019 for $28,000. Required: Prepare a schedule to show the maximum CCA deductions (or recaputre/terminal loss) for tax purposes available to Singh Ltd. for 2019 based on the above information. Singh Ltd. is engaged in manufacturing and processing, which is 95% of their business, with a December 31 year-end. On January 1, 2019, the undepreciated capital cost for each class of its assets was as follows: Class 1 - building $398,000 Class 8 - office furniture and equipment 42,000 Class 10.1 - automobiles 15,860 Class 12 - small tools 6,000 Class 13 leasehold improvements 300,000 The following additional information was found in the 2019 audit files: The building, which cost $600,000 in 2009, was sold for $500,000. It was the only building in Class 1 at the time of its sale. The underlying land was sold for proceeds equal to the original cost. Singh Ltd. also purchased a new building in August, 2019 for $750,000. (Assume the new asset meets the 90% requirement for Manufacturing and Processing rate). New office furniture was purchased for $20,000. This purchase replaced old assets, which were sold for $5,000. None of the old assets were sold for more than original cost. Some small tools were sold for a total of $7,000. The original cost of the tools was $15,000. The opening balance in Class 13 represents leasehold improvements of $400,000 made during 2016 to the leased warehouse. At the signing of the lease in 2016, the lease term was for 4 years with two 2-year renewal periods. During 2019, further leasehold improvements were made to the same leased warehouse at a cost of $40,000. The Class 10.1 automobile was purchased in 2015 for $39,000. During 2019, it was sold for $18,000. A new automobile was purchased for $45,200, which included HST of $5,200 (13%). A license with a useful life of 5 years was purchased for $35,000 May 30, 2019. A new server was purchased in March, 2019 for $28,000. Required: Prepare a schedule to show the maximum CCA deductions (or recaputre/terminal loss) for tax purposes available to Singh Ltd. for 2019 based on the above information