Amy and Brian were investigating the acquisition of a tax accounting business, Bottom Line, Inc. (BLI). As part of their discussions with the sole shareholder of the corporation, Emesto Young, they examined the company's tax accounting balance sheet. The relevant information is summarized as follows: "The mortgage is attoched to the building and land. Amy and Brian agreed to pay $415,000 for the company. Emesto has a tax basis in the BLI slock was $100,000. Included in the saies price was an unrecognized cusiomer list valued at $100,000. The unallocated portion of the purchase price (\$95,000) will be recorded as goodwit. The corporate-lewel tax of 21 percent applies to BLl as a result of the transacton. What amount of gain or loss does Emesto recognizo if the transaction is structured as a direct asset sale by BUI to Amy and Brian and BUl distributes the aher-tax procoeds to Ernesto in liquidation of his slock