Ann and Bob form Robin Corporation. Ann transfers property worth $107,500 (basis of $37,625) for 70 shares in Robin Corporation. Bob receives 30 shares for property worth $43,000 (basis of $8,600) and for legal services (worth $4,300) in organizing the corporation. If there is no gain or loss, enter "o" for the amount. a. What gain or income, if any, will the parties recognize on the transfer? Ann recognizes of $ Bob recognizes of $ b. What basis do Ann and Bob have in the Robin Corporation stock? Ann has a basis of $ and Bob has a basis of $ in the stock c. What is Robin Corporation's basis in the property and services it received from Ann and Bob? in the property Ann transferred and a basis of $ in the property Bob Robin Corporation has a basis of $ transferred