Nadir$-$on$-$the$-$go is buying an asset that costs $$730,000$ and can be depreciated at $25$ percent per year $($Class $12)$ over its eight$-$year life. The asset is to be used in a three$-$year project; at the end of the project, the asset can be sold for $$320,000.$ The company faces a tax rate of $26\%.$ The sale of this asset will close the asset class. What is the undepreciated capital cost $($UCC$)$ at the beginning of third year of the asset?

Multiple Choice

$$547,500$

$$479,063$

$$541,269$

$$603,250$

$$638,750$