ABC Incorporated, converted to an S corporation on January 1,2022. At that time, ABC Incorporated, had cash ($40,000), inventory (FMV $60,000, basis $30,000), accounts receivable (FMV $40,000, basis $40,000), and equipment (FMV $60,000, basis $80,000). What is ABC Incorporated's net unrealized built-in gain or loss on January 1, 2022? 0000 $30,000 net unrealized built-in gain $0 net unrealized built-in gain $10,000 net unrealized built-in gain $20,000 net unrealized built-in loss None of the choices are correct.