James Bond purchased on January 1, 2020, two newly constructed rental properties for $350,000 each. Of the total cost of $350,000 for each property. S120,000 represents the value of the land on which the building is situated; the remaining represents the value of the building. One building contains four suites and is rented to students. The other building is rented to a florist business. Each of the buildings is allocated to a separate Class 1. Net rental revenue (before CCA) for 2020 is $40,000. The maximum CCA deduction for 2020 is: O A SO On $37,500 Oc$34,500 D. $27,600 O E None of the above