eBook Problem 7-22 (a) (LO. 2) Cardinal Corporation was created six years ago through contributions from Kayla ($800,000) and Felix ($200,000). In a transaction qualifying as a reorganization, Cardinal exchanges all of its assets currently valued at $2,000,000 (basis of $1,400,000) for Spark Corporation stock valued at $1,800,000 plus $200,000 in Spark bonds. Cardinal distributes the Spark stock and bonds proportionately to Felix and Kayla in exchange for their stock in Cardinal. Cardinal's current and accumulated E & P before the reorganization amounts to $80,000. If an amount is zero, enter "0". a. Complete the computations below for Kayla and Felix regarding this transaction. Kayla: Realized Gain/Loss $1,600,000 800,000 Recognized Gain/Loss Postponed Gain/Loss Basis In Stock 160,000 800,000 1,440,000 Bond 160,000 640,000 800,000 160,000 640,000 800,000 Accounting numeric field