Marie and Ramesh form Roundtree Corporation vith the transfer of the following. Marie performs personal services for the corporation vwith a fair market value of $156,000 in exchange for 400 shares of stock. Ramesh contributes an installment note receivable (basis $25,000; fair market value $30,000), land (basis $50,000; fair market value $170,000), and inventory (basis $339,200; fair market value $424,000) in exchange for 1.600 shares. Determine Marie and Ramesh's current income, gain, or loss and calculate the basis that each takes in the Roundtree stock. If an amount is zero, enter "0". Marie has income of s and basis in her 400 shares of stock. Ramesh has income of s and s basis in his 1,600 shares of stock.