Solve this please

Question 6 (2 points) Jolinda Morris has a depreciable property with a capital cost of $225,000, a UCC of $175,000, and a fair market value of $240,000. Because of his exceptional performance during the last year, she gives this property to her common-law partner Biff. What is the minimum increase in Net Income For Tax Purposes that Ms. Morris will record as a result of this gift if she does not elect out of ITA 73(1) $57.500 $7,500. ONil $65,060