Ann, and Irene incorporate their respective businesses and form Dove corporation on march 3, 2008. Later, Bob transfer property for stock in Dove corporation Ann, Irene and Bob are the only shareholders in Dove corporation Ann exchanges her property (basin of $100,000 and fair market value of $400.000) for 280 shares in Dove corporation on march 3, 2008. The property transferred by Ann is subject to a liability of $120,000 which for the liability (i.e., "exception 1" does not apply) Irene exchanges her property (basis of $140.000 and fair market value of $600,000) for 600 shares in Dove corporation on march 4, 2008 Bob's transfer a business building (basis of $1, 050,000 and fair market value of $1,000,000) for 1000 shares in Dove corporation on December 17, 2010 Bob's transfer is not part of a prearranged plan with Ann and Irene to incorporate their businesses What gain or loan, if any, will Bob recognize on the transfer? Recognized gain/loss = $ ______ What gain or loss, if any, will Ann recognize on the transfer? Recognized gain/loss = $_______ What gain or loss, if any, will Irene recognize on the transfer? Recognized gain/loss = $_______ what is Bob's basis in his stock? Bob's stock basis = $_______ What is Ann's basis in her stock? Ann's stock basis = $_______ What is Irene's basis in her stock? Irene's stock basis = $_______