In 2021, Lila transfers land with a value of $1,000,000 and a basis of $200,000 to Corporation Y in exchange for 50% of Corporation Y common stock. At the same time, George transferred cash of $1,000,000 in exchange for the other 50% of Corporation Y common stock. What does Lila need to do when she files her return for 2021? a. Report a capital gain of $800,000 but indicate that it is nontaxable. b. Include a statement attached to her return disclosing the transaction. c. Include a calculation of her basis in the Corporation Y stock. d. Since the transaction is nontaxable under Section 351, there is nothing to report or disclose