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can you show step by step solution? 000.00 D2S Mark and Jain form X corporation with the following consideration: 09 ayolamo yo no zbog angst

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000.00 D2S Mark and Jain form X corporation with the following consideration: 09 ayolamo yo no zbog angst Consideration Transferred to Basis to FMV Number of Shares Transferor Received From Mark Cash 20,000 20,000 Installment Obligation 140,000 180,000 20 olbe From Jain Services 20,0002 M Calculate Realized and recognized gain/loss, basis to each shareholder. Also calculate basis to X corporation for Installment Obligation

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