$50\mathrm{.}0\%$ complete

Question

Brody and Tanya recently sold some land they owned for $$150,000.$ They received the land five years ago as a wedding gift from Brody's Aunt Jeanette. $$Their generous Aunt also gifted them $$20,000$ as a wedding shower present a few months before.$$Aunt Jeanette purchased the land many years ago when the property was worth $$20,000.$ At the date of the gift, the property was worth $$100,000$ and Aunt Jeanette paid $$47,000$ in gift tax. What is the long term capital gain on the sale of the property?

A$.$$$42,400.$

B$.$$$50,000.$

C$.$$$92,400.$

D$.$$$130,000.$