CVF Company owned 3,000 shares of Jarvis nonvoting common stock with a $300,000 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 2,200 shares of Jarvis voting common stock worth $400,000. b. CVF exchanged it for U.S. long-term bonds worth $395,000. C. CVF exchanged it for 1,700 shares of Newton common stock worth $391,750. This exchange was not pursuant to a corporate reorganization involving Jarvis and Newton. d. CVF exchanged it for 1,700 shares of Newton common stock worth $391,750. This exchange was pursuant to a corporate reorganization involving Jarvis and Newton. a. Recognized b. Recognized c. Recognized d. Recognized