Exercise 20-19 (Algorithmic) (LO. 3) Rebecca holds 100 shares of Gotchas stock that she purchased for $2,300 several years ago. In a merger of Gotchas into Solis, Inc., Rebecca exchanges her 100 Gotchas shares for 1,000 Solis shares and $460. Gotchas is valued at $50.60 per share and Solis at $4.60 per share. a. What is Rebecca's realized and recognized gain/loss from the reorganization? Assuming that this exchange qualifies for tax-free treatment under 368, Rebecca's realized gain is is $ b. What is Rebecca's basis in her Solis stock? her recognized gain