In 2019, Top Choice Corporation realized a $45,000 Section 1231 gain from the sale of land used in its business operations. The land was the only asset sold by Top Choice Corporation in 2019. In 2017, Top Choice Corporation recognized a net Section 1231 loss of $39,000. Top Choice Corporation had no other Section 1231 gains or losses since it was incorporated in 2014. What is the character of the $45,000 gain recognized by Top Choice Corporation in 2019? Oa) Top Choice Corporation will treat the $45,000 gain as long-term capital gain under Section 1231. Ob) Top Choice Corporation will treat $39,000 as ordinary income under Section 291 and $6,000 as long-term capital gain. O c) Top Choice Corporation will treat the $45,000 gain as ordinary income under Section 1245. d) Top Choice Corporation will treat $39,000 as ordinary income and $6,000 as long-term capital gain under Section 1231. O a) Top Choice Corporation will treat the $45,000 gain as long-term capital gain under Section 1231. Ob) Top Choice Corporation will treat $39,000 as ordinary income under Section 291 and $6,000 as long-term capital gain. Oc) Top Choice Corporation will treat the $45,000 gain as ordinary income under Section 1245. d) Top Choice Corporation will treat $39,000 as ordinary income and $6,000 as long-term capital gain under Section 1231. Oe) Top Choice Corporation will treat the $45,000 gain as ordinary income under Section 291