Mayumi Tajima Transfers a Depreciable Asset to a CCPC in Which

Mayumi Tajima transfers a depreciable asset to a CCPC in which she is the only shareholder. The asset has a cost of $100,000 and a UCC of $64,000. Mayumi will elect a transfer price equal to the fair market value of the asset which is $150,000. This transfer will result in:

A) a taxable capital gain of $43,000 with the capital cost of the asset to the transferee being $150,000.
B) a taxable capital gain of $25,000, recapture of $36,000 and the capital cost of the asset to the transferee will be $100,000.
C) a taxable capital gain of $25,000, recapture of $36,000 and the capital cost of the asset to the transferee will be $150,000.
D) a taxable capital gain of $25,000, recapture of $36,000 and the capital cost of the asset to the transferee will be $125,000.