Question 45 2 pts Iquestion 2 of 8) "Note: assume the requirements of Code Sec. 351 are satisfied for the following seven questions." On November 1, 2019. Andrea, Dorian, Erin, and Femand form Camphor Inc. as follows: Shareholder Contribution to Corporation FMV Basis to Shareholder # Shares Other Property Received by Stock Rec'd (by shareholder) shareholder) Land $30,000 $12,000 Andrea Building $70,000 $38,000 4002 (debt relief-see footnote 1) Mortgage (see footnote 1) (see footnote 1) Dorian Equipment $40.000 $ $25.000 300 $10,000 cash Erin Truck $10,000 $15.000 SO $5,000 cash Fernand Accounting Services $10,000 SO 100 None 1 The mortgage is $60,000 and was obtained to purchase the land and the building. 2 Hint: the FMV of the stock is $100 per share. What amount of gain (loss) is recognized by Andrea?