In each of the following independent situations, determine the C corporation's income tax liability. Assume that all corporations use a calendar year 2023. Violet Corporation Indigo Corporation Taxable Income $ 63,000 180,000 25. Nancy, Guy, and Rod form Goldfinch Corporation with the following consideration. From Nancy Cash Inventory From Guy- Land and building From Rod- Legal and accounting services to incorporate Fair Market Adjusted Basis Value $120,000 $120,000 90,000 130,000 120,000 250,000 -0- 50,000 Goldfinch issues its 500 shares of stock as follows: 250 to Nancy, 200 to Guy, and 50 to Rod. In addition, Guy gets $50,000 in cash. a. Does Nancy, Guy, or Rod recognize gain (or income)? How much? NANCY GUY ROD b. What basis does Guy have in the Goldfinch stock? C. What basis does Goldfinch Corporation have in the INVENTORY? In the LAND d. What basis does Rod have in the Goldfinch stock?