(L03) Juan sold an apartment building for \(\( \$ \) 750,000\) in Year 22 that he had purchased in Year 12 for \(\( \$ \) 500,000\). The adjusted basis in the building as of the date of sale is \(\( \$ \) 350,000\). Juan will receive \(\( \$ \) 100,000\) in Year 22 and \(\( \$ \) 650,000\) in Year 23.

Interest of 5% will also be charged and received by Juan. What is Juan's recognized gain in Year 22 and Year 23? a. \(\( \$ \) 0\) in Year 22 and \(\( \$ \) 750,000\) in Year 23 b. \(\( \$ \) 0\) in Year 22 and \(\( \$ \) 410,000\) in Year 23 c. \(\( \$ \) 205,000\) in Year 22 and \(\( \$ \) 205,000\) in Year 23 d. \(\( \$ \) 53,333\) in Year 22 and \(\( \$ \) 346,667\) in Year 23