Jakob sold a piece of land he owned to a corporation in which he is the sole shareholder using the provisions of ITA $85(1).$ The land is

capital property, the ACB is $$59,600,$ and it had a FMV of $$198,000$ at the time of the sale. The elected amount is $$59,600.$ As

consideration for the property, he received a promissory note for $$30,100,$ preferred shares with a FMV of $$109,000,$ and common shares

with a FMV of $$59,600.$ Which one of the following is the ACB of the preferred shares $($first$)$ and the ACB of the common shares $($second$)?$

Round your answers to the nearest cent as needed.

A$.$ $$19,071\mathrm{.}77$ and $$10,428\mathrm{.}23$

B$.$ Nil and $$29,500\mathrm{.}00$

C$.$ $$109,000\mathrm{.}00$ and $$59,600\mathrm{.}00$

D$.$ $$29,500\mathrm{.}00$ and Nil