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Question 3 Previous Quest' Saul owns two residential rental properties at the beenmng of the year, Both properties are in separate CCA classes Property A is in Class 1 with a maximum CCA rate of while Property B is in Class 3 with a CCA rate of At the beginning of the year. Property A has a UCC balance of Sl ,500.000 and Property B has a UCC balance of SSOO,OOO. Part way through the year, Saul replaces Property B for a new property, Property C. The sale of Property B results In CCA recapture of 525000. C has a capital cost of $400,000 of which 3100.000 S allocated to the land. The gross rental income and rental expense for each property for the year are as follows: P.LQYS sso,ooo Eopecty- S30 ooo Gross Rental Income Rental Expenses Sisoooo -S9000 S60,coo S230.ooo '192,000 S38.coo What is the maximum amount of CCA that Saul would be alloveed to deduct in calculating hie net rental income for the Current year? O B. SOOOOO. O c. 98,000. @ S13,ooo. O e. S63,ooo. O F. SS,ooo O G. Nd - no CCA can be deducted on rental properties O H $12.000, Moving to another question will save this O: < _ Question 30f15 55c