Smythe Co. purchased a Class 8 photocopier in 2019 for $2,500. The copier needed replacing in 2021, and a new Class 8 machine costing $2,800 was purchased. The old copier was sold for $300 in parts. What is the most beneficial impact on income from this 2021 transaction? (Smythe Co. has always claimed the maximum CCA allowed.)

Multiple Choice

• $2,140

• $780

• $1,030

• $1,940