Rick owed Dennis $$20,000.$ In payment of this debt, Rick transferred to Dennis a life insurance policy on Rick. Dennis paid Rick $$10,000$ to acquire ownership of the life policy. The face value of the policy is $$200,000.$ Dennis names himself as the beneficiary of the policy and continues to make the premium payments. After Dennis has paid $$25,000$ in premiums, Rick dies and Dennis collects $$200,000.$ Is any of the $$200,000$ Dennis received taxable? In answering this question, you must identify a relevant Internal Revenue Code section. Research