Gianna received land and a building from Anthony as a gift on March 19, 2020. Anthony had purchased the land and building from his friend back on July 2, 2016, and his adjusted basis and the fair market value at the date of the gift were as follows: Asset Land Building Adjusted Basis $220,000 100,000 FMV $250,000 120,000 Anthony paid no gift tax on the transfer to Gianna. Gianna is considering selling the Land and Building to James before the end of 2020. Calculate the amount of Gianna's taxable capital gain and holding period if she sells the land and building to James for: (Provide computational evidence in good workpaper form for each a. $400,000 b. $350,000 c. $300,000