Emily, Whose Tax Rate Is 32%, Owns an Office Building

Emily, whose tax rate is 32%, owns an office building which she purchased for $900,000 on March 18 of last year. The building is sold for $950,000 on February 20 of this year when the adjusted basis of the building was $876,000. The tax results to Emily are

A) $74,000 ordinary income taxed at 32%.
B) $24,000 1250 unrecaptured gain taxed at 25% and $50,000 1231 gain taxed at 15%.
C) $24,000 1231 gain taxed at 15% and $50,000 ordinary income taxed at 32%.
D) $74,000 1231 gain taxed at 15%.