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Diego Edson has the following assets: Land with ACB of $40,000 Building with...

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Diego Edson has the following assets: Land with ACB of $40,000 Building with a cost of $85,000, and UCC of $81,000, Diego sells both of land and building in a single transaction for $204,000. The estimated FMV of each was: Land : $136,000 Building: $68,000 How much capital gain and terminal loss will Diego realize on this transaction? Choose the correct answer. O A. capital gain of $79,000, terminal loss of $0 B. capital gain of $68,000, terminal loss of $17,000 O C. capital gain of $83,000, terminal loss of $0 OD. capital gain of $68,000, terminal loss of $13,000

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