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I just want to make sure if I get the right answer. Thank you. Wendy Jang owns three rental buildings. All of the buildings are

I just want to make sure if I get the right answer. Thank you.

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Wendy Jang owns three rental buildings. All of the buildings are in Class 1. What is the maximum CCA that Wendy Jang can claim on the rental properties for the year? Property 1 Property 2 Property 3 Original cost $120,000 $80,000 $150,000 UCC at Jan. 1 $100,000 $75,000 $150,000 Rental revenue for the year $58,000 $22,000 $10,000 Expenses for the year: Interest $20,000 $10,000 $8,000 Property taxes $13,000 $6,000 $11,000 Other $17,000 $4,000 $1,000 ( 1) $6,500 ( 2) $7,000 3) $13,000 O 4) $0

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