A company has a January 1, 2021 balance for CCA class 53 of $75,000. During 2021, the company acquired additional Class 53 assets for a total cost of $5,000,000. Also, one of the several Class 53 assets was sold during the year for proceeds of $500,000. It had a cost of $3,000,000. Which of the following answers corresponds to the maximum CCA allowed for the company's Class 53 for the year 2021?

$3,412,500

$4,537,500

$1,162,500

$3,537,500

$2,537,500

$5,037,500

None of the choices shown.

$4,787,500