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Maria had the following transactions this year:

Sold 100 shares of stock for $5,000; she purchased the shares 13 months ago for $3,000.

Sold some living room furniture for $600. Two years ago she purchased the furniture for $1,000.

Sold land which she inherited 5 years ago from her grandfather; her grandfather paid $500 for the land in 1950. At the time of her grandfather's death, the land was valued at $500,000. Maria sold the land for $600,500.

Sold some losing stock she purchased two years ago for $30,000; she sold the stock for $5,000.

What is Maria's capital gain that she will report on line 13 of her Form 1040?

A) $77,500

B) $577,000

C) $77,100

D) $577,500

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