BIG Co. purchased a piece of Class 8 machinery in June of 2018. The cost of the machine was $5,000. In 2020 the machine was sold for proceeds of $2,000 and there were no other purchases or disposals during the year. The UCC in the Class 8 pool was $5,500 at the beginning of 2020. What is the UCC of this class at the end of 2020? Multiple Choice $3,500 $4,800 $700 o 52.800