During the year, Nick received the following in relation to some of his investments:

Item	($)
Lease premium	17,000
Rental income	86,000

Based on the above facts and relevant tax laws, what amount does Nick have to declare as a capital gain in his tax return?

	A	$86,000 - the rent is capital in nature as it is derived from an investment property while the lease premium is income according to ordinary concepts
	B	$103,000 - both the lease premium and rent are capital in nature
	C	$17,000 - the lease premium is capital in nature while rent is income according to ordinary concepts under s6-1 of ITAA 1997
	D	$0 - both the lease premium and rent are income according to ordinary concepts under s6-1 of ITAA 1997