Question 10 5 pts The DEF partnership had three equal partners and the following balance sheet: Assets TB FMV Accounts Receivable 2,000 Stock in X Corp. 300 1,000 300 3,000 Capital TB FMV Dominic 100 1,000 Eamon 100 1,000 Francesca 100 1,000 300 3,000 DEF distributed the Stock in X Corp., a non-marketable capital asset, to Dominic in complete redemption of Dominic's partnership interest. Which of the following statements is false regarding the sec. 751(b) disproportionate distribution rules? O Section 751(b) will not apply because Dominic was not distributed any sec. 751 ordinary income (hot) assets. The DEF partnership will recognize capital gain under sec. 751(b). Section 751(b) would apply if Dominic received only half the Stock in X Corp. in a current (non-liquidating) distribution. Dominic will recognize ordinary gain under sec. 751(b)