A business sold two buildings. The first was sold for$$ $$52,000,$ original cost of$$ $$50,000$ and undepreciated capital cost$($UCC$)$ of$$ $$40,000.$ The second was sold for$$ $$56,000,$ original cost of$$ $$75,000$ and UCC of$$ $$60,000.$ The business owned no other buildings. What amounts would be added or deducted in computing net$$ income?

A$.$

Recapture$$ $$12,000$ and terminal loss$$ $$4,000.$

B$.$

Recapture$$ $$10,000,$ terminal loss$$ $$4,000,$ taxable capital gain$$ $$1,000.$

C$.$

Recapture$$ $$12,000$ and allowable capital loss$$ $$4,000.$

D$.$

Recapture$$ $$10,000$ and allowable capital loss$$ $$2,000.$