Aa taxpayer purchased a painting in September 1990 for $3,200. The painting was stolen on 11 November 2019 and was not separately insured, so the taxpayer received only $200 from the insurance company on 4 February 2020.

Considering the facts described above, select the incorrect alternative:

Select one:

a. The taxpayer will have a capital loss of $3,000.

b. The date of the CGT event will be 4 February 2020.

c. The date of the CGT event will be 11 November 2019.

d. The loss of the painting triggers CGT Event C1