Objective C-3-2 continued 10. Lizzie exchanged 25 acres of land held for investment with an adjusted basis of $10,000 for 8 acres of investment real estate with FMV of $30,000, 300 shares of stock with FMV of $3,150; and $4.240 in cash. How much of the gain (or loss) 10 is recognized? O a $4.240 Ob $ O c. $7,390 Od $6.000 non cubiect in a