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The elected value for a non-depreciable capital asset with an Adjusted Cost Base (ACB) of $200,000 and a fair market value (FMV) of $400,000 must

The elected value for a non-depreciable capital asset with an Adjusted Cost Base (ACB) of $200,000 and a fair market value (FMV) of $400,000 must be

A.

$200,000.

B.

$400,000.

C.

an amount between $200,000 and $400,000.

D.

an amount less than $200,000.

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