Details regarding a companies land and building are as follows: Land and building acquired 3 years ago for a total of. Of the total purchase price, the amount allocated to the land was:.$100,000 At the beginning of the current year, UCC for the proprty was:. This year, the property is sold for a total of: . Of the total sales price, the amount allocate to the land was. $650,000 $350,000 $843,000 $40,000 Which of the following statements is correct? A The business will have recapture of $340,000 and a capital gain of $140,000. B The business will have recapture of $200,000 and a capital gain of $70,000. The business will have recapture of $200,000 and a capital gain of $140,000. D The business will have recapture of $340,000 and a capital gain of $70,000.