Bateman Corporation sold an office building that it used in its business for $800,650. Bateman bought the building 10 years ago for $599,675 and has claimed $200,975 of depreciation expense. What is the amount and character of Bateman's gain or loss?

A)$40,195 ordinary and $361,755 1231 gain.

B)$200,975 ordinary and $200,975 1231 gain.

C)$401,950 ordinary gain.

D)$401,950 capital gain.

E)None of the choices are correct.