Rebecca holds 100 shares of Gotchas stock that she purchased for $4,400 several years ago. In a merger of Gotchas into Solis, Inc Rebecca exchanges her 100 Gotchas shares for 1,000 Solis shares and $880. Gotchas is valued at $96.80 per share and Solis at $8.80 per share. a. What is Rebecca's realized and recognized gain/loss from the reorganization? The exchange of Rebecca's stock income tax consequences for Gotchas or Solis. b. What is Rebecca's basis in her Solis stock? x