Riverwalk Corporation is liquidated, with Juan receiving $5,000 in money, other property having

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 Riverwalk Corporation is liquidated, with Juan receiving $5,000 in money, other property having a $6,000 FMV, and a $1,000 mortgage on the property. Juan's basis in his River walk stock is $8,000. Upon liquidation, Juan must recognize a gain of



A.

$2,000.

 



B.

0.



C.

$11,000.



D.

$3,000.
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