On January 1, the undepreciated capital cost for Class 10.1 was $17,850. The Class 10.1 car was purchased in 2016 for $34,000. During the year, it was sold for $21,000 and a new automobile was purchased for $36,160, which included HST of $4,160. ABC Ltd. is registered to collect and remit HST. What is the maximum CCA allowed combined (rounded to the nearest dollar) for the two cars this year?

Question 1 options:

1)$8,102

2)$10,779

3)$7,178

4)$7,942