Kariene exchanges her 20% interest in Amber Corporation for 10,000 shares of Gold Corporation (value $150,000) and $30,000 cash. Karienes basis in her Amber stock is $95,000. The accumulated earnings of Amber is $225,000 and of Gold is $125,000 at the time of the reorganization. How does Kariene treat this transaction for tax purposes?

A. No gain is recognized by Kariene in this reogranization.

B. Kariene reports a $30,000 recognized dividend.

C. Kariene reports a $30,000 recognized capital gain.

D. Kariene reports a $25,000 recognized dividend and a $5,000 capital gain.

E. None of the above.