Dan & Associates, a calendar year tax payer startaed its business in 2013. Below is Dan & Associates' net Section 1231 gains and (losses) schedule:

2013 $(4,900)

2014 $-0-

2015 $-0-

2016 $-0-

2017 $(12,000)

2018 $-0-

In 2019, Dan & Associates sold business assets and recognized a gain of $50,000. What is the character of this gain?

A. $50,000 Section 1231 gain

B. %50,000 Ordinary Gain

C. $16,900 Ordinary gain and $33,100 Section 1231 gain

D. $12,000 Ordinary gain and $38,000 Section 1231 gain