aldrin owns a residential rental property. In the current year he received rent of $50,000 and incurred the following expenses: mortgage interest $30,000, property tax $6,000, insurance $2,000, and repairs $8,000. At the beginning of the year the undepreciated capital cost of the building was $330,000. What is the maximum capital cost allowance Mr. Dunt may deduct for the current tax year?

options:

	$13,200
	$4,000
	$5,000
	$10,000