Nikeya sells land (adjusted basis of $60,000) to her adult son, Shamed, for its appraised value of $50,000. Which of the following statements is correct? a. Nikeyas recognized loss is $10,000 ($50,000 amount realized $60,000 adjusted basis). b. Shameds adjusted basis for the land is $60,000 ($50,000 cost + $10,000 disallowed loss for Nikeya). c. If Shamed subsequently sells the land for $58,000, he has no recognized gain or loss. d. Only a. and b. are correct. e. a., b., and c. are correct