Use the Following Information to Answer the Questions Below $\$ 4,000$

Use the following information to answer the questions below.
The Nelson Company has a taxation year end of December 31. On January 1 of the current year, the UCC of Class 8 was $80,000. The Nelson Company has a policy of always deducting maximum CCA. Each of the following questions deals with transactions during the current year which involved Class 8 assets. Choose the best answer for each question.
-An additional class 8 asset was purchased for $20,000 on April 1. Maximum CCA for Class 8 is:

A) $\$ 4,000$
B) $\$ 10,000$
C) $\$ 10,800$
D) $\$ 32,000$
E) $\$ 13,000$
F) $\$ 22,000$
G) $\$ 25,000$
H) $\$ 20,000$
I) $\$ 43,200$
J) $\$ 52,000$
K) $\$ 60,800$
L) $\$ 67,000$
M) $\$ 72,000$
N) $\$ 76,000$
O) $\$ 91,000$
P) $\$ 98,000$
Q) $\$ 5,000$ Recapture
R) $\$ 10,000$ Recapture
S) $\$ 5,000$ Terminal Loss
T) $\$ 10,000$ Terminal Loss
U) $\$ 5,000$ Allowable Capital Loss
V) $\$ 10,000$ Allowable Capital Loss
W) $\$ 5,000$ Taxable Capital Gain
X) $\$ 10,000$ Taxable Capital Gain