Status: Unanswered ime Remaining 12 minutes 54 seconds Teresa Martinez Heritage Corporation distributed an antique automobile to Rene, its sole shareholder. On the date of distribution, the automobile had a fair market value of $30,000 and an adjusted basis to Heritage of $22,000. What is the amount of Heritage Corporation's recognized gain on the distribution? A. $12,000 B. S0 C. $30,000 D. $8,000