This Year Jenna Had the Gains and Losses Noted Below

This year Jenna had the gains and losses noted below on property,plant and equipment used in her business.Each asset had been held longer than one year.Jenna has not previously disposed of any business assets. $$\begin{array} { |l | r| } \hline\text { Loss due to insurance reimbursement for fire } & \$ ( 17,000 ) \\\hline \text { Loss due to condemnation } & ( 12,000 ) \\\hline \text { Gain on sale of Sec. } 1231 \text { property } & 21,000 \\\hline\end{array}$$ Jenna will recognize

A) $$\begin{array} { | r | r | } \hline \text { Ordinary gain (loss) } & \text { LTCG(L) } \\\hline \$ ( 17,000 ) & \$ 9,000 \\\hline\end{array}$$
B) $$\begin{array} { | r | r | } \hline \text { Ordinary gain (loss) } & \text { LTCG(L) } \\\hline \$ ( 29,000 ) & \$ 21,000 \\\hline\end{array}$$
C) $$\begin{array} { | r | r | } \hline \text { Ordinary gain (loss) } & \text { LTCG(L) } \\\hline \$ ( 8,000 ) & \$ 0 \\\hline\end{array}$$
D) $$\begin{array} {| r | r | } \hline \text { Ordinary gain (loss) } & \text { LTCG(L) } \\\hline \$ ( 12,000 ) & \$ 4,000 \\\hline\end{array}$$