Fred Opened His MacDingle Restaurant Franchise on November 1, 2020

Fred opened his MacDingle Restaurant franchise on November 1, 2020. He paid $50,000 for the franchise rights and can use them for an unlimited number of years. The restaurant's fiscal year end is December 31. The maximum CCA deduction was taken for 2020. The Class 14.1 balance on January 1, 2021 is:

A) $47,500.
B) $49,582.
C) $46,250.
D) $49,373.