Elaine Barblaik owns an apartment building which she holds for rental income. In March 2019, Elaine settled with municipal authorities on expropriation proceeds for the property including the building. The agreed expropriation proceeds for the building and the separate sale proceeds for the appliances and fixtures are indicated in the following data:

Expropriated Sold appliances

building Cl. 1 & fixtures

Cost................................................ $ 406,000 $ 26,000

UCC January 1, 2007...................... 188,500 7,250

Proceeds......................................... 362,500 2,600

Since negotiations had been prolonged, Elaine was able to anticipate the approximate date of settlement and, as a result, she was able to replace in February 2020 the assets expropriated.

Replacement cost for the building and the cost of new appliances and fixtures were as follows:

Building................................ $ 1,276,000

Appliances and fixtures......... 46,400

Elaine would like you to calculate the undepreciated capital cost for both assets through to the opening balance on January 1, 2021, assuming no further additions are made to either class of assets.