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A company owns several office buildings belonging to CCA class 3.The January 1, 2020 UCC balance of CCA class 3 was $495,000. During 2020, one

A company owns several office buildings belonging to CCA class 3.The January 1, 2020 UCC balance of CCA class 3 was $495,000. During 2020, one of the buildings in this class was sold for proceeds of $980,000.The building had a capital cost of $575,000.

Which of the following answers BELOW corresponds to the maximum CCA allowed for the company's Class 3 for the year 2020? if the answer is none of the choices shown, then show correct answer with calculation/explaination

24750

10375

55125

3200

4000

none of the choices shown

0

24250

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