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GBG Engineering has the following information related to Class 8 assets for the year 2020. Beginning Balance: $86,000 Cost of additions: $30,000 Proceeds of disposition:

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GBG Engineering has the following information related to Class 8 assets for the year 2020. Beginning Balance: $86,000 Cost of additions: $30,000 Proceeds of disposition: $17,500 (original cost of disposed property: $35,000) The Class 8 rate is 20%. Assuming GBG takes the maximum CCA deduction for this class, what is the UCC balance of the Class 8 assets at the end of 2020? Choose the correct answer. A. $77,550 OB. $90,050 OC. $59,800 OD. $66,300 www

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