Henry has a rental property that he purchased new $($non used$)$ in June $2019.$ The property was only

rented out to commercial businesses. The original cost of the building was $$850,000,$ and the UCC

was $$684,816.$ Henry incurred the following costs during $2023.$ What is the maximum CCA Walter

can claim on his personal income tax return for the rental property for $2023?$

Gross rents received

$$270,000$

Expenses related to earning rental income:

Advertising $($for tenants$)$

$8,000$

Property taxi

$70,000$

Utilities $($split $50\%$Landlord$/50\%$ by tenants$).$

$12,000$

Interest on Mortgage of Building.

$90,000$

Maintenance

$65,000$

The maximum CCA on the building is $$35,000.$

The maximum CCA on the building is $$31,000.$

The maximum CCA on the building is $$37,000.$

The maximum CCA on the building is $$41,089.$