Suppose a company owns 5 Class 43 assets with total undepreciated capital cost (UCC) of $80,000 at the beginning of Year 1. In Year 1, they purchase 1 new asset for $30,000, and sell 3 assets for $40,000 (all Class 43 assets). The CCA rate for the class is 30%. What is the UCC value at the end of Year 1?

a.

$80,000

b.

$50,500

c.

$42,000

d.

$49,000

e.

None of the other