Kyle is the sole proprietor of Kunda Enterprises. Kunda Enterprises has a December 31 year-end. On January 1, 2019; the following information on its assets was contained in the records of the business as follows:

Class	Type of Asset	UCC	Original Cost
8	Equipment	$60,000	$148,000
10	Vehicles	4,000	70,000
10.1	Passenger vehicle	21,000	55,700
1	Building (one)	156,000	198,000

Other Information:

1. During the year, Kyle acquired a used automobile to be used in the business for a total cost of $11,000. Also during the year, he sold one of the business trucks for proceeds of $29,000. The truck had an original capital cost of $37,000.
2. During the year, Kyle acquired additional furniture and fixtures at a total cost of $27,000. The old equipment in the class was sold for $10,000, which had a corresponding capital cost of $24,000.
3. On April 1, Kyle sold the passenger vehicle. He sold it for $26,000.
4. Kyle sold the building for proceeds of $145,000, and decided to lease instead.
5. Kyle purchased $16,000 of computer equipment during the year

Calculate the total amount to be deducted by Kyle from income for the year for Class 50