George and Mary have owned a rental house for 10 years. They bought it for $240,000 and estimated the land value at 25%. If the property is depreciated on a 39-year schedule and appreciation total is 50% over the period, what is their gain if they sell the property today?
A) $159,230.
B) $166,150.
C) $181,538.
D) $120,000.
