CVF Company owned 2,000 shares of Jarvis nonvoting common stock with a $242,000 basis. In each of the following cases, determine CVF's recognized gain or loss on the disposition of this stock: a. CVF exchanged it for 900 shares of Jarvis voting common stock worth $322,000. b. CVF exchanged it for U.S. long-term bonds worth $317,750. C. CVF exchanged it for 500 shares of Newton common stock worth $314,000. This exchange was not pursuant to a corporate reorganization involving Jarvis and Newton. d. CVF exchanged it for 500 shares of Newton common stock worth $314,000. This exchange was pursuant to a corporate reorganization involving Jarvis and Newton. a. Recognized b. Recognized c. Recognized Recognized