Diego transfers real estate with an adjusted basis of $681,400 and fair market value of $953,960 to a newly formed corporation in exchange for 100% of the stock. The corporation assumes the liability on the transferred real estate in the amount of $810,866. Determine Diego's recognized gain on the transfer and the basis for his stock.

If amount is zero, enter "0".

Diego has a recognized gain on the transfer of [$ ? ] and a basis of [$ ? ] for his stock.