Amil and Rebecca form Hyde Corporation with the following consideration:

		Consideration Transferred
		Basis to Transferor		Fair Market Value		Number of Shares Issued
From Amil
	Cash	$25,000		$25,000
	Installment note	80,000		215,000		2,400
From Rebecca
	Cash	60,000		60,000
	Building	300,000		400,000
	Land	31,000		40,000		5,000

Regarding these transactions, provide the following information:

If an amount is zero, enter "0".

a. Amil's recognized gain or loss is (#1)$________.

b. Amil's basis in the Hyde Corporation stock is (#2)$________.

c. Hyde Corporation's basis in the installment note is (#3)$________.

d. Rebecca's recognized gain or loss is (#4)$________.

e. Rebecca's basis in the Hyde Corporation stock is (#5)$________.

f. Hyde Corporation's basis in the building is (#6)$________. Its basis in the land is (#7)$________.