During the current year, a corporation sells equipment for $300,000. The equipment cost $270,000 when purchased and placed in service two years ago and $60,000 of depreciation deductions were allowed. The results of the sale are

		A) ordinary income of $90,000.
		B) Sec. 1231 gain of $90,000.
		C) ordinary income of $60,000 and Sec. 1231 gain of $30,000 taxed as Unrecaptured 1250 gain.
		D) ordinary income of $60,000 and Sec. 1231 gain of $30,000 taxed as LTCG.