Jane Buys a 1957 FJ Holden at Time T₀ for $100

Multiple Choice

Jane buys a 1957 FJ Holden at time T₀ for $100 000. At time T₁, the car is valued at $180 000. Jane's profit and wealth at T₁ are:

A) $100 000 and $80 000 respectively.
B) $80 000 and $180 000 respectively.
C) $80 000 and $100 000 respectively.
D) $80 000 and $80 000 respectively.