22) Eight years ago, Ramon purchased 50 acres of land for $12,000 per acre. By last year, the value of the land had risen to $15,000 an acre. Ramon was finding the debt payments on the land onerous so, he registered the land in joint tenancy with his brother, Tuco. Tuco paid him the fair market value. This year, Ramon died. At the time of his death, the property was appraised at $23,000 per acre. Which of the following statements is correct? A) Ramon triggered a taxable capital gain of $75,000 when he registered the land in joint tenancy with Tuco. B) At the time of his death, Ramon's adjusted cost base (ACB) for the land was $450,000. C) A taxable capital gain of $137,500 was triggered on Ramon's death. D) Tuco had an ACB of $575,000 after Ramon's death