The recent decline in land prices has hurt many institutions that had

The recent decline in land prices has hurt many institutions that had invested heavily in real estate. Last year, before the decline began, a local college added 2,000 acres to its holdings. The college, however, did not purchase the land but received it as a gift. Therefore the price decline will probably not affect the college.

Which of the following, if true, casts most doubt on the conclusion above?
AIM- Find the option that shows the college has been affected by this decline in land prices .
PRETHINKING- Although college received this gift but its of some value which the college might want to exchange it for .In case the college plans to sell this land the recent decline won't fetch enough money as much as it would have done in normal state(when land prices would have been high/moderate ) so its a loss for college too.

(A) The 2,000 acres that the college was given last year are located within the same community as the college itself.(The location has nothing to do with premise and our prethinking)REJECT A

(B) The college usually receives more contributions of money than of real estate.

(C) Land prices in the region in which the college is located are currently higher than the national average.(We need to show loss . This shows advantage )

(D) Last year, the amount that the college allocated to pay for renovations included money it expected to receive by selling some of its land this year.(This is in line with our prethinking . college would need to pay funds for which it would have wanted to sell lands . Which land is not mentioned but no matter which land they sell it will fetch them LOW PRICE) CORRECT CHOICE IS D.

(E) Last year, the college paid no property taxes on land occupied by college buildings but instead paid fees to compensate the local government for services provided. (Well if the college didn't pay taxes they might have to pay taxes this year or may be not . This year too they can compensate local govt . Who knows . I don't see this as potential threat to weaken the argument )

This looks like a 600 level question .