Kenneth is the Chief Executive Officer of Alpha Ltd. He was provided with a flat in Repulse Bay by Beta Ltd, a subsidiary of Alpha Ltd. No remuneration was paid by Beta Ltd to Kenneth in connection with Kenneth's employment with Alpha Ltd, he received salary income totaling F12,000,000 for the year of assessment 2020/21. In addition, he exercised a share option duing the year and the taxable gain ws $60,000 Dductible expenses agreed with the Inland Revenue Department to be S170,000 What is the taxable benefit from the accommodation provided by Beta Ltd for the year of assessment 2020/21?

A. $1,183,000

B. $1,239,000

C. $0

D. $1,256,000

* Hong Kong situation, please explan detaily.