ABC Limited has a balance of $35,000 in the UCC for Class 8 at the beginning of the year. During the year it purchases office equipment with a cost of $20,000. An old desk with a cost of $2,000 is sold for $500. What is the maximum CCA deduction for Class 8 for the year? a) $ 5,450 b) $ 8,800 c) $ 8,950 d) $ 10,900