Jennifer is an investor who purchased a single-family property for $200,000 for use as a rental property. She is now selling the property for $300,000. Jennifer remodeled the kitchen at a cost of $8,000 and replaced the roof for $10,000 before selling it. The improvements have depreciated by $20,000 while Jennifer owned the property. Jennifer will pay a commission of 7% and closing costs of $500. What is Jennifers total capital gain?

a. $80,500

b. $118,000

c. $100,000

d. $138,000