in a 351 transaction, Nichole transfers property with a value of $100,000 (adjusted basis $80,000) to XYZ corp for stock worth $50,000 XYZ assumes the $50,000 mortgage against the property what is the recognized gain or loss on the transfer?

a). $50,000 loss 

b). $0 gain or loss 

c). $20,000 gain 

d). $30,000 loss