For seven years, Belgium Corporation has been owned entirely by Shawn and Maryssa, who are husband and wife. Shawn and Maryssa have a $170,000 basis in their jointly owned Belgium stock. The Belgium stock is Sec. 1244 stock. They receive the following assets in liquidation of their corporation: accounts receivable, $30,000 FMV; a car, $9,000 FMV; office furniture, $1,000 FMV; and $20,000 cash. a. Requirements What are the amount and character of their gain or loss? b. How would your answer change if the accounts receivable instead had a $150,000 FMV? What is the Belgium's basis for each property received in the liquidation in Parts a and b? C