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CVF Company owned 4,000 shares of Jarvis nonvoting common stock with a $456,000 basis. In each of the following cases, determine CVF's recognized gain or loss on the disposition of this stock: a. CVF exchanged it for 2,900 shares of Jarvis voting common stock worth $516,000. b. CVF exchanged it for U.S. long-term bonds worth $512,000. c. CVF exchanged it for 2,600 shares of Newton common stock worth $507,250. This exchange was not pursuant to a corpora reorganization involving Jarvis and Newton. d. CVF exchanged it for 2,600 shares of Newton common stock worth $507,250. This exchange was pursuant to a corporate reorganization involving Jarvis and Newton. a. Recognized b. Recognized C. Recognized d. Recognized gain loss