Bud exchanges parcel A, a piece of real property used in his business, for parcel B, a piece of real property he plans to hold for investment. The adjusted basis of parcel A is $22,000 and it has a fair market value of $30,000. In exchange for parcel A. Bud receives parcel B which has a fair market value of $28,000 and $2,000 cash. What is Bud's recognized gain or loss? SO $2,000 $6.000 $8,000 none of the above