Sarah Ives Purchased a Piece of Land in 20X8 in Order

Sarah Ives purchased a piece of land in 20X8 in order to operate a greenhouse and an evergreen nursery.This was Sarah's first entrepreneurial adventure which she engaged in when not teaching her grade six classes.Now,one year later,she still has not started her business and upon receiving an offer to teach on a tropical island,has decided to sell the land.Which of the following statements is TRUE?

A) Sarah's primary intent suggests that the income should be treated as a business transaction.
B) Sarah purchased the land with the primary intent to resell it at a profit.
C) Sarah purchased the land with the primary intent to recognize a long-term economic benefit.
D) The intent of the purchase is insignificant when determining the type of income to report.