Tech Corporation sells a truck for $24,000 to Jessica, who owns 95% of its stock. The truck has a $35,000 adjusted basis on the sale date. Jessica sells the truck to an unrelated party, Murphy, for $34,000 two years later after claiming $11,000 in depreciation. Read the requirements. Requirement a. What is Tech's realized and recognized gain or loss on selling the truck? (Use a minus sign or parentheses for a loss. Enter a 0 if no gain or loss is realized or recognized.) Tech's realized gain (loss) = Tech's recognized gain (loss) = $ (11,000) $ 0 Requirement b. What is Jessica's realized and recognized gain or loss on selling the truck to Murphy? (Use a minus sign or parentheses for a loss. Enter a 0 if no gain or loss is realized or recognized.) Jessica's realized gain (loss) = $ 21,000 Jessica's recognized gain (loss) = $ 10,000 Requirement c. How would your answers to Part b change if Jessica instead sold the truck for $9,000? (Use a minus sign or parentheses for a loss. Enter a 0 if no gain or loss is realized or recognized.) Jessica's realized gain (loss) = $ (4,000) Jessica's recognized gain (loss) = $ (4,000)