Problem: Susan purchased stock three years ago for $10,000. She gave the stock to Anne, her sister, in the current year, when the fair market value was $5,000. No gift tax is paid on the transfer. If Anne subsequently sells the stock for $4,000, what are the tax consequences to Anne? Group of answer choices Recognized loss $6,000. Recognized loss $1,000. Recognized loss $9,000. Recognized gain $1,000. No gain, no loss.