On May 12, 2023, TRS Islamic Bank transferred cash of SAR 300,000 and an apartment to a client. The bank had acquired the apartment for SAR 200,000, and the current book value of the apartment is equal to SAR 150,000. Partners in Musharakah agreed that the apartment was worth SAR 300,000. What would TRS recognise as gain/loss?

a. 150,000

b. 200,000

c. 100,000

d. 300,000