Sasha Ivanov gifted Canadian public securities to a public charity in 2020. The securities had a market value of $22,000 and an ACB of $8,000. Sasha is in a 40% tax bracket. Which of the following will apply to Sasha?

A. Sasha will have a capital gain of $0 and receive a donation receipt for $14,000.
B. Sasha will have a capital gain of $14,000 and receive a donation receipt for $14,000.
C. Sasha will have a capital gain of $0 and receive a donation receipt for $22,000.
D. Sasha will have a capital gain of $14,000 and receive a donation receipt for $5,600.