Paul bought a blast furnace for $15,000 a few years ago. The furnace is the only asset in the CCA class and the UCC at the beginning of the year was $6,000. He sells the furnace for $8,000 during the year. What are the tax implications? Group of answer choices

a.) Recapture $1,000

b.) Terminal Loss $1,000

c.) Recapture $2,000

d.) Terminal Loss $7,000