Roberto has received various gifts over the years and has decided to dispose of the following assets he received as gifts: what is the recognized gain or loss from the following transactions, assuming that no gift tax was paid when the gifts were made. if an answer is zero, select "neither a gain nor a loss" and enter "0" as the amount. a. in 1981, he received land worth $32,000. the donor's adjusted basis was $35,000. roberto sells the land for $95,000 in 2018.(neither a gain or a loss/ a gain/ a loss) of $ is recognized. b. in 1986, he received stock in gold company. the donor's adjusted basis was $19,000. the fair market value on the date of the gift was $34,000. roberto sells the stock for $40,000 in 2018.(neither a gain or a loss/ a gain/ a loss) of $ is recognized. c. in 1992, he received land worth $15,000. the donor's adjusted basis was $20,000. roberto sells the land for $9,000 in 2018.(neither a gain or a loss/ a gain/ a loss) of $ is recognized. d. in 2013, he received stock worth $30,000. the donor's adjusted basis was $42,000. roberto sells the stock for $38,000 in 2018.(neither a gain or a loss/ a gain/ a loss) of $ is recognized.