Which of the following statements is correct? a$.$The giving of boot in a like$-$kind exchange can result in the recognition of gain. b$.$The receipt of boot in a like$-$kind exchange cannot result in the recognition of loss. c$.$The receipt of boot in a like$-$kind exchange can result in the recognition of gain. d$.$"The receipt of boot in a like$-$kind exchange can result in the recognition of gain", "The receipt of boot in a like$-$kind exchange cannot result in the recognition of loss", and "The giving of boot in a like$-$kind exchange can result in the recognition of gain".