80.ABC, Inc. has been an S corporation since its inception. On July 15, 2016, ABC, Inc. distributed $50,000 to J. D. His basis in his ABC, Inc. stock on January 1, 2016, was $30,000. For 2016, J. D. was allocated $10,000 of ordinary income from ABC, Inc. and no separately stated items. How much capital gain does J. D. recognize related to ABC, Inc. in 2016?

A. $60,000.

B. $50,000.

C. $20,000.

D. $10,000.

E. None of these.