During 2020, Mr. Kind, a resident of Alberta has a taxable income of $89,023. Calculate...

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During 2020, Mr. Kind, a resident of Alberta has a taxable income of $89,023. Calculate his 2020 Federal Tax Payable before consideration of credits based on the 2020 tax table: Taxable income in E .ote: Round your answer to the nearest whole number. No $ sign, no comma or nor decimal is M Enterprises has a business calendar year ending, December 31 st. The business has the following information about its depreciable properties at the beginning of 2021: Compute the Capital Cost Allowance of Class 8 - Furnitures given the following information: a) M Enterprises purchased an additional furniture in January 1, 2021 amounting to $15,000 b) M Enterprises disposed a portion of Class 8 assets for $8,000. The original cost of the asset was 12,000 . Formula for CCA Computation: UCC Beginning + Net Additions (Purchases less Disposition) + Accll Adjustment CCA Rate 4ccll Adjustment =50% of Net Addition for the year et Addition for the year = Acquisition less disposition Disposition During The Year = lessei on ungmai cost ol me asset or proceeds of disposition Disposition During The Year = lesser of original cost of the asset or proceeds of disposition Note: Answer should be in whole number. No \$ sign, comma or decimal is required. e.g. 17205 Enter "0" if the result is recapture or terminal loss. nswer

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