For the last five years, Anna and John each have owned 60 of the 120 outstanding shares of Zed Corporation stock. Anna transfers land having a(n) $16,000 basis and a(n) $24,000 FMV to Zed for an additional 30 shares of Zed stock. John transfers $800 cash to Zed for one additional share of Zed stock. What amount of the gain or loss must Anna recognize on the exchange? If the transaction does not meet the Sec. 351 requirements, suggest ways in which it can be structured so as to meet these requirements. What amount of the gain or loss must Anna recognize on the exchange? Anna realizes a(n) $ and recognizes If the transaction does not meet the Sec. 351 requirements, suggest ways in which it can be structured so as to meet these requirements. Anna must receive more than a nominal amount of stock in exchange for her property. If Anna obtained additional stock worth at least 80% of the value of the stock she already owned (i.e., at least 48 shares of stock in exchange for $38, 400), her stock likely would be counted for control purposes, and the Sec. 351 requirements would be met. John must receive more than a nominal amount of stock in exchange for his property. If John obtained additional stock worth at least 10% of the value of the stock he already owned (i.e., at least 6 shares of stock in exchange for $4, 800), his stock likely would be counted for control purposes, and the Sec. 351 requirements would be met. John must receive the exact amount of stock as Anna in exchange for property with the exact same value as the property contributed by Anna in order to meet the Sec. 351 requirements. The transaction, as it is currently structured, meets the Sec. 351 requirements. Choose from any list or enter any number in the input fields and then continue to the next