mmy Kim, and Francesca form WM Corporation by contributing the following jimmy Cash Adjusted basis Fair market value 120.000 120.000 Inventory 90.000 130.000 OME 120.000 250,000 bulding Francesca Accounting services 50,000 my receives son sick MV $250,000 Kim receives 40% stock (FMV $200.000, and Francesca receives 10 stock (FMV 50.0001 In addition, Kim receives 50.000 cash from the corporation What is the amount of recognized gain tor income) for jimmy, om and Francesca A what bass does Jimmy Kom, and francesca have in their WM stock that facts above do not change sa hangst, what alue of Francesca's accounting services is $150.000 such that she receives 25% of the corporations stock, how does your answer to Trecognized gain iar income) for Jimmy Km, and Francesca