During the current year, a Class $8$ asset that had originally cost $$20,000$ was sold for $$12,000.$ The opening Class $8$ undepreciated capital cost balance was $$15,000.$

$$

Assuming there are no assets left in this class, which one of the following describes the tax consequences?

Question $16$ options:

a$)$

$$3,000$ terminal loss only

b$)$

$$3,000$ terminal loss and $$8,000$ capital loss

c$)$

$$3,000$ recapture only

d$)$

$$600$ capital cost allowance only