Firm J sold marketable securities to Company B. Firm J's tax basis in the securities was $63,000. Compute Firm J's recognized gain or loss if: Required: a. The selling price was $69,000, and Firm J and Company B are unrelated parties. b. The selling price was $69,000, and Firm J and Company B are related parties. c. The selling price was $52,700, and Firm J and Company B are unrelated parties. d. The selling price was $52,700, and Firm J and Company B are related parties. Note: For all requirements, if the results of a transaction do not result in a gain or loss, select 'No gain/loss