Preston owns a parcel of land. The estimated fair market value of the land is $230,000. Preston paid $120,000 for the land. Which of the following scenarios is an example of a non-arm's length transaction? ****** Choose the correct answer. A. Preston lists the property for sale with a real estate agent. After two months on the market, Preston decides to sell the land to his son Javier for $167,000. B. Preston lists the property for sale with a real estate agent. After two months on the market, a client of the realtor makes Preston an offer of $175,000. C. Preston lists the property for sale with a real estate agent. After nine months on the market, Preston decides to sell the land to his friend Sadie for $230,000. D. Preston lists the property for sale with a real estate agent. The realtor has a client who is willing to pay $188,000 for the land. Preston accepts the offer.