A piece of equipment, acquired in Year 1 , belongs to Class 7 with a maximum CCA rate of \15. The income tax rate is \45. The tax savings (before discounting) from the CCA tax shield were \\( \\$ 3,000 \\) for Year two. The after-tax cost of capital is \8. (Appendix 13B) What is the approximate undepreciated capital cost (UCC) balance for the equipment at the beginning of Year 2? (Round your final answer to the nearest whole dolla). \\( \\$ 7,076 \\) \\( \\$ 44,444 \\) \\( \\$ 31,450 \\) \\( \\$ 47,175 \\)