Don and Marie formed Paper Lilies Corporation on January 2. Don contributed cash of $400,000 in return for 50 percent of the corporation's stock. Marie contributed a building and land with the following fair market values and tax-adjusted bases in return for 50 percent of the corporation's stock To equalize the exchange, Paper Lilies Corporation paid Marie $50,000 in addition to her stock. NOTE: (A) Do not use commas, (B) Do not use currency symbols, and (C) Use parenthesis for negative numbers. For instance, a negative $250,000 will be input as (250000) a. What amount of gain or loss does Marie realize on the formation of the corporation? $ b. What amount of gain or loss, if any, does she recognize? $ c. What is Marie's tax basis in the stock she receives in return for her contribution of property to the corporation? $ d. What adjusted basis does Paper Lilies Corporation take in the land and building received from Marie? Land: $ Building: $