Tina Purchases a Personal Residence for $278,000,but Subsequently Converts the Property

Multiple Choice

Tina purchases a personal residence for $278,000,but subsequently converts the property to rental property when its FMV is $275,000.Assume depreciation of $65,000 has been deducted after conversion to rental use.If Tina sells the property for $200,000,her realized gain or loss will be

A) ($10,000) loss.
B) ($13,000) loss.
C) ($75,000) loss.
D) ($78,000) loss.