51. Dick, a cash basis taxpayer, incorporates his sole proprietorship. He transfers the follwing items to newely cearted corporation Fair Adjusted Market Basis Value Cash $15,000 $15,000 Building 120.000 175,000 Mortgage payable (secured by the building and held 140.000 140,000 for 15 years) (a) Calaculate realized and recognized gain by Dick (b) Calculate Dick's basis in stock Calculate Orang's basis in assets received from Dick