Saul has two residential rental properties that are mortgaged.Both properties are in Class 1 with a CCA rate of 4 percent.At the beginning of the year, Property A has a UCC of $500,000 and Property B has a UCC of $1,100,000.Before consideration of CCA, Property A earned net rental income of $43,000, and Property B had a net rental loss of $27,000.What is the maximum amount of CCA Saul will be able to claim this year?

1)Nil.

2)$16,000.

3)$20,000.

4)$44,000.