Dropdown boxes have a choice of realized gain or loss

Problem 20-46 (a) (LO. 6) Jessica-Anne, Ryan, Liz, and Dirk form River Corporation with the following investments: Basis to Fair Market Value # of Shares Issued Transferor From Jessica-Anne: land and building $340,000 700 From Ryan: cash 260 $130,000 $325,000 $375,000 $130,000 $295,000 $210,000 From Liz: equipment 580 From Dirk: inventory $221,000 390 In addition to its stock, River Corporation distributes cash as follows: $25,000 to Jessica-Anne, $5,000 to Liz, and $15,000 to Dirk. Assume that each share of River stock is worth $500. Regarding these transactions, provide the following information: If an amount is zero, enter "0". a. Jessica-Anne has a of $ of whch is recognized b. Jessica-Anne's basis in the River's stock is $ c. River's basis in the land and building is $ d. Liz has a realized of $ of which is recognized. e. Liz's basis in the River's stock is $ f. River Corporation's basis in the equipment is $ g. Dirk has a of $ of which $ is recognized. h. Dirk's basis in the River's stock is $ i. River Corporation's basis in the inventory is $