Question: Eileen transfers property worth $ 2 0 0 , 0 0 0 with a basis of $ 1 9 0 , 0 0 0 to

Eileen transfers property worth $200,000 with a basis of $190,000 to Goldfinch Corporation. In return, she receives 80% of the stock in Goldfinch Corporation worth $180,000 and $20,000 cash. Eileen recognizes gain on the transfer of:
O a. $10,000.
O b. $190,000.
* c. $20,000.
O d.0

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