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Victoria stopped paying the recourse mortgage on her condominium at a time when she still owed $200,000. She had originally purchased the condominium for $285,000.

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Victoria stopped paying the recourse mortgage on her condominium at a time when she still owed $200,000. She had originally purchased the condominium for $285,000. At the foreclosure sale, the condominium sold for $193,500. If the lender later discharges the deficiency, how much will be reported on Form 1099-C? A. $0 B. $6,500 C. $193,500 D. $200,000

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