Noluck Enterprises Inc. has a December 31 year-end. On March 20, 2022, the company’s warehouse was destroyed by fire. The original cost of the warehouse was $120,000. At the time of the fire, the warehouse was valued at $300,000 and was insured. Class 1 had a UCC balance of $95,000 at December 31, 2021. Noluck was forced to lease a warehouse until a new one could be acquired. On November 30, 2024, Noluck purchased a new warehouse costing $325,000. Assume the new warehouse was constructed after March 18, 2007.

Calculate the minimum recapture of CCA on the warehouse destroyed by fire.