Assuming Victor Hines LLP owed a duty of care to the Bank of Green Valley, did Victor Hines, LLP breach that duty of care? In determining whether breach occurred, make sure to perform the following accounting analysis

a. Recreate the journal entry that ZonTech made when it sold the stock to GreenSel. How much gain was recognized on the sale of the stock? How much cash inflow did this transaction create for ZonTech?

b. Calculate the present value of the note receivable using a 15% interest rate. Using the present value of the note as the only economic benefit received, recalculate the gain or loss on the transaction.