During 2014, Paul sells residential rental property for $300,000, which he acquired in 1994 for $150,000. Paul has claimed straight-line depreciation on the building of $57,525. What is the amount and nature of Paul's gain on the sale of the rental property? a. $207,525 Section 1231 gain. b. $150,000 Section 1231 gain, $57,525 "unrecaptured depreciation". c. $167,400 Section 1231 gain, $57,525 ordinary income. d. $190,125 Section 1231 gain, $17,400 "unrecaptured depreciation". e. None of these choices are correct.