Mr. Trent transferred three apartment buildings to a new corporation in exchange for all its stock. The facts pertaining to the buildings were: Building Basis Value Mortgage Recapture Potential 1 $10,000 $100,000 $60,000 $0 2 15,000 80,000 0 5,000 3 20,000 30,000 0 4,000 a- What gains are realized and recognized in each building? b- What is the character of the gains? c- What is the corporation's basis in each building? d- What is Mr. Trent's basis in his stock