On January 1, 2022, Marcus Abbott permanently emigrates from Canada. At that time, hi his principal residence and a small apartment building. His principal residence was purc a cost of $650,000. Of this total $150,000 relates to the land and $500,000 to the building residence is $975,000. The value of the land is unchanged at the time of his departure. Th a capital cost of $870,000, with $170,000 of this total allocated to the land and $700,000 building had a January 1, 2022 UCC of $476,000. At the time of his departure, the FMV of t $1,200,000, with the value of the land remaining at $170,000 and the building at $1,030,000 amount to be added to Mr. Abbott's 2022 net income with respect to his emigration from C O a. $655,000. O b. $559,000 O c. $724,000 d. Nil