CVF Company owned 4,000 shares of Jarvis nonvoting common stock with a $468,000 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 2,800 shares of Jarvis voting common stock worth $535,500. b. CVF exchanged it for U.S. long-term bonds worth $530,750. C. CVF exchanged it for 2.400 shares of Newton common stock worth $526,500. This exchange was not pursuant to a corporate reorganization involving Jarvis and Newton. d. CVF exchanged it for 2,400 shares of Newton common stock worth $526,500. This exchange was pursuant to a corporate reorganization involving Jarvis and Newton. a. Recognized b. Recognized C. Recognized d. Recognized