10. Helen converted her personal residence (cost $300,000) to rental property at a time when the FMV was $230,000. Depreciation of $90,000 is taken before the rental property is sold for $130,000. What is the gain/loss on the sale? a. $ 10,000 loss b. $ 80,000 loss c. $100,000 loss d. $170,000 loss e. None of the answers provided is correct