Molly purchased 200 shares of Able Corporation qualified small business stock for $100,000 on January 1, Year 1. On April 1, Year 3, Molly sold the 200 shares of Able stock for $300,000. Molly then purchased 100 shares of another qualified small business stock on May 1, Year 3, for

$500,000. What amount of gain must Molly recognize in Year 3?

A. $0 B. $100,000 C. $200,000 D. $400,000