Ann and Bob form Robin Corporation. Ann transfers property worth $360,000 (basis of $126,000) for 70 shares in Robin Corporation. Bob receives 30 shares for property worth $144,000 (basis of $28,800) and for legal services (worth $14,400) in organizing the corporation. If there is no gain or loss, enter "0" for the amount. a. What gain or income, if any, will the parties recognize on the transfer? Ann recognizes no gain or loss of s Feedba Check My Work Bob recognizes ordinary income of t b. What basis do Ann and Bob have in the Robin Corporation stock? Ann has a basis of s and Bob has a basis of $ in the stock b. What basis do Ann and Bob have in the Robin Corporation stock? Ann has a basis of $ Chick My Wik and Bob has a basis of s in the stock. c. What is Robin Corporation's basis in the property and services it received from Ann and Bob? Robin Corporation has a basis of s In the property Ann transferred and a basis of in the property Bob transferred