Cavin sells stock several years after he Cavin sells stock several years after he received it as a distribution from a qualified stock bonus plan. When the stock was distributed, he had a net unrealized appreciation of $7,000. Cavin also had ordinary income from the distribution of $30,000. The fair market value of the stock and the sales price at the time of sale was $93,000. How much of the sale price will be subject to long-term capital gain treatment? 1) $7,000 2) $52,000 3) $56,000 4) $63,000