Antonio Is Single and Has Taxable Income of $170,000 Without

Multiple Choice

Antonio is single and has taxable income of $170,000 without considering the sale of a capital asset (land held for investment) in September of 2019 for $25,000.That asset was purchased six years earlier and has a tax basis of $5,000.The tax liability applicable to only the capital gain (without consideration of any additional Medicare tax) is

A) $3,750.
B) $3,000.
C) $6,400.
D) $4,000.