Lagard Corporation, under a plan of complete liquidation, distributed to its sole shareholder, Sandra, property with an adjusted basis to Lagard of $$34,000$ and subject to a liability of $$44,000.$ The fair market value of the property on the date of distribution was $$40,000.$ What is the amount of Lagard$$s recognized gain or loss?

A$.$

$$(10,000)$

B$.$

$$6,000$

C$.$

$$10,000$

D$.$

$$4,000$