Apollo sells stock in Alba Longa, Inc. to his son, Dionysus. Dionysus, purchased the stock 10 years ago for $2,500 and the current fair market value of the stock is $1,500. Since Apollo believes that the stock will experience significant growth (and he does not want that growth to increase his taxable estate), he sells the stock to Dionysus for its current fair market value, $1,500. Apollo will O Recognize a loss of $1,000 O Recognize gain under the entropy rule of taxation O Recognize a gain of $1,500 since basis is ignored for the purposes of intrafamily sales O Not recognize a gain or loss