Alejandro purchased a building in 1985, which he uses in his manufacturing business. Alejandro uses the ACRS statutory rates to determine the cost - recovery deduction for the building. Alejandro's original cost for the building is $500,000 and cost- recovery deductions allowed are S500,000. If the building is sold for $800,000, the tax results to Alejandro are O A. $500,000 Sec. 1245 ordinary income and S300,000 Sec. 1231 gain B. $800,000 Sec. 1231 gain O C. $800,000 Sec. 1245 ordinary income. O D. $500,000 Sec. 1245 ordinary income and S300,000 Sec. 1250 income