Jack exchanged a building IFMV of 50.000 adjusted basis of $35,000 subject to ability of $25.000) for stock (FMV of $40,000 and cost basis of $30,000) owned by Harry Harry takes the land subject to the ability Jack incurs $600 of selling expenses What is the amount of Jack's realized gain or loss on the exchange! $29.400 gain $20.600) loss $19.400 gain $4,400 gain OOOO