Nicole transfers to Spindle Corporation depreciable machinery originally costing $18,000 and now having a(n) $17,000 adjusted basis. In exchange, Nicole receives all 200 shares of Spindle stock having a(n) $18,000 fair market value (FMV) and a three-year Spindle note having a(n) $6,000 FMV. Read the requirements. Requirement a. What are the amount and character of Nicole's recognized gain or loss? Begin by identifying Nicole's realized gain or loss and recognized gain or loss. (Enter a loss with a minus sign or parentheses.) Nicole's realized gain (loss) Nicole's recognized gain (loss) Identify the amount and character of Nicole's recognized gain or loss by completing the table below. (Complete all input fields. Enter a 0 for any zero balances. Enter a loss with a minus sign or parentheses.) Recognized loss, ordinary in character Recognized loss, falls under Sec. 1231 Requirement b. What are Nicole's bases in the Spindle stock and note? Nicole's basis in the note Nicole's basis in the stock Requirement c. What is Spindle's basis in the machinery? Spindle's basis in the machinery=