Ramon incorporated his sole proprietorship by transferring inventory, a building, and land to the corporation in return for 100 percent of the corporation's stock. The property transferred to the corporation had the following fair market values and adjusted bases: Adjusted FMV Basis Inventory Building Land Total S 28,750 $5,200 51,750 72,000 $233,500 $128,950 68,750 136,000 The fair market value of the corporation's stock received in the exchange equaled the fair market value of the assets transferred to the corporation by Ramon. (Negative amounts should be indicated by a minus sign. Leave no answer blank. Enter zero if applicable.) Required information 1.00 points a. What amount of gain or loss does Ramon realize on the transfer of the property to his corporation? in or loss realized