Taxpayer T$("$T$)$ purchased T$\text{'}$s primary residence for $$1\mathrm{.}200\mathrm{.}000$T took a mongage from Bank $("$B$")$ in the ununt of $$1,000,000.$When the fair market value of the residence decreased to $5700\mathrm{.}000,$ and i still had $$900\mathrm{.}000$ outstanding on the morigage. T negotiated with Bto $$walk away" from the mongage $($meaning the bank took the property and cancelled the $$900,000$ debt owned by T$)$ because T was having francial difficully paying.Tmur recognize $$200,000$ income. a$.$True b$.$ False