A donor gives their child a gift of publicly traded stock with a basis of $$40,000$ and a fair market value of $$30,000.$ No gift tax is paid. The child subsequently sells the stock for $$36,000.$ What is the shild's recognized gain or loss, if any?

Multiple Choice

$$4,000$ loss.

$$6,000$ gain.

$$36,000$ gain.

No gain or loss.