Irby Inc Was Incorporated in 2005 and Adopted a Calendar Year

Irby Inc. was incorporated in 2005 and adopted a calendar year. Here is a schedule of Irby's net Section 1231 gains and (losses) reported on its tax returns through 2010. In 2011, Irby recognized a $14,750 gain on the sale of business land. How is this gain characterized on Irby's tax return?

A) $14,750 Section 1231 gain
B) $10,890 ordinary gain and $9,415 Section 1231 gain
C) $14,750 ordinary gain
D) None of the above