Carla incorporated her sole proprietorship by transferring inventory, a building, and land to the corporation in return for 100 percent of the corporation's stock. The property transferred to the corporation had the following fair market values and adjusted tax bases Inventory Building EMV $27,500 Adjusted Tax Basis $ 17,600 129,000 320,000 177,000 255,750 $460,250 $ 466,600 Land ok Total t cos The corporation also assumed a mortgage of $147.750 attached to the building and land. The fair market value of the corporation's stock received in the exchange was $312,500. Note: Negative amounts should be indicated by a minus sign. Leave no answer blank. Enter zero if applicable. Required: a. What amount of gain or loss does Carla realize on the transfer of the property to the corporation? b. What amount of gain or loss does Carla recognize on the transfer of the property to her corporation? c. What is Carla's basis in the stock received in the new corporation? Complete this question by entering your answers in the tabs below. Required A Required B Required C What amount of gain or loss does Carla realize on the transfer of the property to the corporation? Amount realized $ Required B > Complete this question by entering your answers in the tabs below. Required A Required B Required C What amount of gain or loss does Carla recognize on the transfer of the property to her corporation? Gain or loss recognized Required A Required C > Complete this question by entering your answers in the tabs below. Required A Required B Required C What is Carla's basis in the stock received in the new corporation? Tax basis