Bud exchanges undeveloped land worth $30000 that he purchased as an investment for $22000 for a building he uses in his trade or business with a fair...

Bud exchanges undeveloped land worth $30000 that he purchased as an investment for $22000 for a building he uses in his trade or business with a fair market value of $28000 plus $2000 cash. What is Bud's RECOGNIZED gain on the transaction?

A.$0

B.$2000

C.$6000

D.$8000

E.None of the above.