30. Alice owns a commercial building with an adjusted basis of $305,000. A flood occurs on a property, and the insurance policy reimburses Alice $500,000 for the loss. The transaction may be taxable as follows (circle as many as apply more than one is correct):

A. Gain of $195,000 on the sale of the asset.

B. No taxable gain if $900,000 is reinvested into other commercial property owned within two years after the insurance is received.

C. No taxable gain if $305,000 is reinvested into other commercial property owned within two years after the insurance is received.

D No taxable gain if $700,000 is reinvested into another apartment complex within two years after the insurance is received.

E No taxable gain if $305,000 is reinvested to repair the existing apartment complex.