Santa Fe Corporation adopts a plan of liquidation late in the current tax year in which it expects to earn $100,000 profits from its operating activities. Santa Fe's operating activities are discontinued before the end of the year. Pursuant to the liquidation, it distributes assets, which result in the recognition of $30,000 of ordinary losses. Santa Fe also distributes assets that have appreciated in value, which results in the recognition of $30,000 of ordinary gains. Generally, Santa Fe Corporation should distribute:

A.	both the ordinary losses and gains properties next year.
B.	the $30,000 of ordinary gain property in the current year and the $30,000 of ordinary loss property next year.
C.	the $30,000 of ordinary loss property in the current year and the $30,000 of ordinary gain property next year.
D.	both the ordinary loss and gain properties this year.