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 19,25 11,300 73,000 49,250 125,000 65,500 Building Land Total $217,250 $126,050 The falir 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.) Problem 19-36 Part a a. What amount of gain or loss does Ramon realize on the transfer of the property to his corporation? Gain or loss realized