$48.$ At the time of her death last year, Celeste owned her own home as well as a chalet in Banff. Her home was purchased $22$ years ago for $$240,000$ and had a fair market value of $$1\mathrm{.}3$ million at the time of her death. Her chalet was purchased $12$ years ago for $$530,000$ and had a fair market value of $$910,000$ at the time of her death. Both properties were used solely for Celeste's personal enjoyment and for the was used solely for Celeste's personal use.lived in the property and d owned his own home and a cottage when he died last year. He left the cottage in trust to his son, Hans, and the remainder of his estate to his wife, Yola. Franz purchased the cottage twenty years ago for $$47,000.$When he died, the cottage was valued at $$189,000.$ Franz had already used his lifetime capital gains exemption, and did not increase the ACB of the cottage when the exemption was still available. The cottage was not designated as his principal residence. For his final return, Franz had a marginal tax rate of $45\%.$ What capital gain was realized upon Franz's death? a$)$ $$71,000$b$)$ $$35,500$ C $0$ d $142000$