A shareholder sells to her corporation $200,000 worth of manufacturing equipment, with an original cost of $225,000 and an undepreciated capital cost (UCC) of $160,000. She makes the election to have the transfer/sale price, for tax purposes, to be equal to the tax cost of the equipment. The related bank loan of $150,000 is assumed by the corporation as part of the consideration received by the shareholder. What would be the UCC of the equipment to the corporation?

a) $200,000 equal to the sale price.

b) $160,000 equal to the UCC of the equipment and the elected amount.

c) $225,000 equal to the original cost to the shareholder.

d) $150,000 equal to the loan amount.