Amy and Brian were investigating the acquisition of a tax accounting business, Bottom Line Incorporated (BLI). As part of their discussions with the sole shareholder of the corporation, Ernesto Young, they examined the company's tax accounting balance sheet. The relevant information is summarized as follows: (Leave no answer blank. Enter zero if applicable. Negative amounts should be indicated by a minus sign.) Cash Receivables Building Land Total FNV $ 6,000 9,000 113,000 239,000 $ 367,000 Adjusted Tax Basis Appreciation $ 6,000 9,000 56,500 56,500 139,000 100,000 $ 210,500 $ 156,500 $ 12,000 132.000 $ 144,000 $ 12.000 132,000 $ 144,000 Payables Mortgage Total The mortgage is attached to the building and land Ernesto was asking for $493,000 for the company. His tax basis in the BLI stock was $150,000. Included in the sales price was an unrecognized customer list valued at $150,000. The unallocated portion of the purchase price ($120,000) will be recorded as goodwill Assume Emesto agrees to sell his stock in BLI to Amy and Brian for $493,000. b. What amount of gain or loss does Ernesto recognize if the transaction is structured as a stock sale to Amy and Brian? Gain or loss recognized