Harriet transfers land used in a trade or business having a $$65,000$ adjusted basis and a FMV of $$200,000$ and equipment with an original cost of $$95,000,$ a basis of $$53,000,$ and a FMV of $$46,000$ to Sally Corporation. In exchange, she received $100$ shares of Sally Corporation common stock valued at $$196,000$ and a $$50,000$ Sally Corporation bond due in $4$ years. Harriet is the sole shareholder of Sally Corporation. THERE ARE $3$ PARTS TO THIS QUESTION. You should have $3$ answers. SHOW YOUR WORK

What is the amount of Harriet's realized gain or loss? What is the amount of Harriet's recognized gain or loss? What is the character of Harriet's recognized gain or loss?

$2.$ What is Harriet's basis in her stock? What is Harriet's basis in the bond?

$3.$ What is Sally Corporation's basis in the land and equipment? You must report both asset bases, not just the total. $($Hint: you may need to allocate any boot to the assets$)$