1. During 2017, a depreciable capital asset with a capital cost of $100,000 and a January 1 UCC balance of $79,400, is sold for $103,000. In the accounting records, the asset had a net book value of $83,400. What are the tax consequences of this sale? A. Business income of $23,600. B. A capital gain of $1,500. C. A capital gain of $3,000 and business income of $20,600. D. Acanitalgain of$23.600_