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Calculate ucc as of december

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Midway through 2019 the company realized that the Oshawa facility lacked the necessarystorage space to accomodate it expanding inventory.They reached out to a local developer who agreed to lease the company a warehouse taht ad sat empty for a few years .A five-year lease was signed with a renewal option for an additional five years.The lease provide tenant can make any improvement or renovation it considers necessary but that no payment will be made by the lessor at the end of the lease as compensation for those improvements.The company spent $140,000.00 on modification in 2019 and another $150,000.00 in July 2021 .Assume all expense are Class 13.

Calculate UCC as of December 31 2021 for Class 13

Reference no: EM133206326

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