Mary transfers a building (adjusted basis of $15,000 and fair market value of $90,000) to White Corporation. In return, Mary receives 80% of White Corporation's stock (worth $65,000) and an automobile (fair market value of $5,000). In addition, there is an outstanding mortgage of $20,000 (taken out 15 years ago) on the building, which White Corporation assumes. With respect to this transaction: a. Mary has no recognized gain. b. White Corporation's basis in the building is $15,000.0 boobs c. Mary's recognized gain is $5,000. d. Mary's recognized gain is $10,000