Geraldine Inherited a Piece of Land When Her Father Albert

Multiple Choice

Geraldine inherited a piece of land when her father Albert died on July 26,2016 The FMV of the land at the date of death was $40,000 and cost Albert $20,000 in 2010.Geraldine sold the land on March 29,2017 for $45,000.What are the amount and nature of the gain on the sale?

A) $5,000 ordinary gain.
B) $5,000 capital gain.
C) $25,000 ordinary gain.
D) $25,000 capital gain.