15. Bernie is a participant in his employer's non-contributory ESOP. Two years ago, his employer contributed stock with a fair market value of $30,000 into Bernie's account. Bernie retired one year later and took distribution of the stock when its fair market value was $40,000. Two years after his retirement, Bernie sold the stock for $50,000. What is the appropriate tax treatment available to Bernie upon sale of the stock? A. $20,000 long-term capital gain B. $50,000 ordinary income C. $20,000 ordinary income D. $10,000 long-term capital gain