Lance Mann Dies, Leaving a Depreciable Property to His Son

Lance Mann dies, leaving a depreciable property to his son, Paul Mann. The property has a capital cost of $150,000 and a fair market value of $120,000. It is the only asset in a CCA Class with a UCC balance of $100,000. The tax consequences of this bequest would be:

A) recapture of $20,000 for Lance and the capital cost of the asset for Paul will be $150,000.
B) a taxable capital gain for Lance of $10,000 and a capital cost of the asset for Paul of $150,000.
C) recapture of $20,000 for Lance and a capital cost of the asset to Paul of $120,000.
D) recapture of $20,000 for Lance and a capital cost of the asset for Paul of $100,000.