Abby Sold Her Unincorporated Business Which Consisted of Equipment and Goodwill.The

Abby sold her unincorporated business which consisted of equipment and goodwill.The equipment had an original cost of $200,000 and Abby had claimed $120,000 in depreciation (adjusted basis = $80,000) .Abby had no basis in the goodwill.The sales price for the business was $250,000,with $150,000 for the equipment and $100,000 for the goodwill.The buyer agreed to pay $120,000 on June 30,2016,and $130,000 (plus interest at the Federal rate) in two years.Abby's gain to be reported in 2016 (exclusive of interest) is:

A) $40,000.
B) $51,000.
C) $102,000.
D) $118,000.
E) $170,000.