East Coast Music acquired (purchased) equipment at a cost of $200,000 (Class 8-20%). The UCC at the beginning of the year was $140,000. The maximum CCA deduction on class for 2021 is: 

A. $88,000 

B. $48,000 

C. $68,000 

D. $40,000 

E. Some other number

ABC Inc. at the beginning of 2021, had an opening UCC balance in Class 10 (CCA Rate 30%) in the amount of $310,000. There were no additions or disposals in 2021. The maximum CCA that can be claimed for Class 10 in 2021 will be:

 A. $93,000 

B. $46,500 

C. $139,500 

D. $62,000 

E.  Some other number

A business acquires (purchases) a rental property (Class 1-4%) several years ago for a total cost of $562,000. The capital cost was allocated $112,000 for the land and $450,000 for the building. At the beginning of 2021, the UCC for the building is $374,561. In 2021, the property is sold for $843,000, with $262.000 of this amount being allocated to the land and $581,000 to the Iding. Which of the following statements is correct?

 A. The business will have recapture of $75,439 

B. The business will have a terminal loss of $187,439 

C. The business will have recapture of 187,439 

D. The business will have a terminal loss of $75,439