Assume the following information for Putney $Co.($assume the opening UCC balance and all transactions relate to a period of time subsequent to January $1,2017)$:

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What is the UCC balance at the end of the year, assuming the maximum CCA deduction was taken in the year?

A$.$ $$2,325$

B$.$ $$44,175$

C$.$ $$18,000$

D$.$ $$46,500$

Review

Beginning UCC balance: $$48,500$

Purchased goodwill during the year: $$30,500$

Sold various intangible properties included in class $14\mathrm{.}1$ for $$32,500($assume original cost is $$65,000)$

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