Kristine transferred investment property she has owned for six years to XYZ Corporation in exchange for 40 percent of the corporation's stock (66 shares valued at $435,600) at the time XYZ was incorporated. The property's adjusted tax basis was $412,500 and its fair market value was $435,600. Assume the transfer qualifies under $351. (Negative amounts should be indicated by a minus sign. Leave no answer blank. Enter zero if applicable.) a. What gain or loss does Kristine recognize on the transfer? Gain or loss recognized b. What is her basis in the stock she received in the exchange? Basis in the stock c. What is her holding period in the stock? Holding period years