all 3 questions are related to #1 please answer clearly

Ivan incorporated his scle propirietorship by transterting inventory, a building, and land to the corporation in retum for 100 percent of the corporation's stock. The property trant'terted to the corporition had the folowing fair market value and adjusted basis. The tar market value of the corporation's stock reseived in the exchange equaled the fair market value of the assets transferred fo the corporation by ivan. The transaction met the reguirements to be tax-deferred under 351. What amount of gain or loss does Ivan recognizo on the transfer of the properfy to her corporation? QUESTION 2 Based woon the facts in the perior question, what is Ivaris basis in the stock he receves in his corporation? QUESTION3 Bated upon the facts in the firs austlion, what is the corporason's adjsthd baeis in the inveriory ieceived in the exchange? Ivan incorporated his sole proprietorship by transferring inventory, a building, and land to the corporation in raturn for 100 percent of the corporation's stock. The property transferred to the corporation had the following fair market value and adjusted basis. The fair market value of the corporation's stock received in the exchange equaled the fair market value of the assets transferred to the corporation by Ivan. The transaction met the requirements to be tax-deforred under \$3351. What amount of gain or loss does fvan rocognize on the transfer of the property to her corporation? QUESTION 2 Based upon the tacts in the prior question, what is Ivan's basis in the stock he receives in his corpcration? QUESTION 3 Based upon the facts in the frut question, what is the cocpocacons adjusted basis in the inventory received in the exchange