3. Clarence purchased a rental property for $520,000, with $120,000 attributed to the land and $400,000 to the building. After renting the building for many years, Clarence decided to sell the property for $572,000, with $180,000 attributed to the land and $392,000 to the building. At the time of the sale, the UCC of the building was $320,000. What will be the amount of Clarence's recapture as a result of the sale?

a) 572,000 b) $80,000 c) $117,000 d) $132,000