Jocelyn contributes land with a basis of $41,000 and fair market value of $61,500 and inventory with a basis of $14,200 and fair market value of $21,300 in exchange for 100% of Zion Corporation stock. The land is subject to a $10,250 mortgage. Determine Jocelyn's recognized gain or loss and the basis in the Zion stock received. If an amount is zero, enter "0". The exchange is tax-free under 351 because the release of a liability treated as boot under 357(a). As a result, Jocelyn has income of $ and a basis $ in her stock