Arnold Swartz converted his principal residence into a rental property after having lived in it for 5 years. He has not been able to find a tenant during the current year. The house had cost $1 million At the time of conversion, the building had a fair market value of $1,4 million. What is the UCC balance in the rental property's Class 1 before any CCA is taken? Select one: OA $1,000,000 OB Nil OC. $1,200,000 OD$1,400,000