Elaine owns a beautiful diamond ring she purchased for $2,500. When she has it appraised she learns that it is now worth $3,000. Based on this information:
A. Elaine has experienced a $500 capital gain.
B. Elaine's saving this year has increased by $500.
C. Elaine's saving this year has decreased by $500.
D. Elaine's wealth is unchanged.
Answer: A
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