Lori Anne (age 40) incorporates her CPA firm by transferring her computer equipment (basis of $116,000, FMV of $37.000) to her newly formed corporation, Bean Counters, Inc., in exchange for all 13,000 shares of Bean Counters stock, worth $95,000 Bean Counters also assumed Lori Anne's $67,000 of liabilities. $62,000 of the liabilities was business related; the remaining $5,000 was Lori Anne's debt to a local tabloid that promised not to expose her clandestine, interoffice affair with her much younger employee, Mickey (age 22). Lori Anne is the sole shareholder. How much gain, if any. must Lori Anne recognize on the incorporation? A $46,000 B $62,0000 C $5,000 D some other amount 4 Points