1. On January 1, 2019, ABC Inc. acquired real property at a cost of $4,000,000. Of this amount, $1,000,000 represents the fair value of the land. The building is new and will be used 100% for non-residential activities, none of which involve manufacturing. ABC allocates its costs to a separate Class 1. In order to encourage ABC to move to this new location, the local government has given them $1,600,000 to assist in the acquisition of the building.

What is the maximum amount of CCA that ABC can deduct on this building for the fiscal year ending December 31, 2019?