Assume the following facts regarding Bilbo: Owns 6,000 shares in Corporation Z. Owns a ski resort with FMV $3,000,000. Has $600,000 basis in the ski resort. Has a $900,000 mortgage on the ski resort that was taken out 27 years ago for business purposes. Assume the following facts regarding Corporation Z: Has 6,000 shares outstanding before the transaction. Has $600,000 cash in the bank. Assume the following are exchanged between Bilbo and Corporation Z: Bilbo contributes her ski resort to Corporation Z. Corporation Z issues 54,000 shares to Bilbo Corporation Z agrees to assume the $900,000 loan. What is Bilbo's realized gain? [A] What is Bilbo's recognized gain? [B] What is Bilbo's basis in her new 54,000 shares of stock? [C] What is Corporation Z's realized gain? [D] What is Corporation Z's recognized gain? [E] What is Corporation Z's basis in the ski resort? [F]