1. Your sister leaves you stock in her will, upon her death. The FMV of the stock on the date of her death is $100,000. She purchased the stock years ago for $45,000.

You sell the stock two years after receiving this inheritance for $125,000. What is your realized and recognized gain when you sell the stock?

Group of answer choices

$0

$25,000

$80,000

$100,000