Required information [The following information applies to the questions displayed below.) Carla incorporated her 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 $ 32,500 $ 13,000 Building 202,000 104,250 252,750 317,000 Total $487,250 $434,250 Land The corporation also assumed a mortgage of $157,500 attached to the building and land. The for market value of the corporation's stock received in the exchange was $329,750 (Negative amounts should be indicated by a minus sign. Leave no answer blank. Enter zero if applicable.) a. What amount of gain or loss does Carla realize on the transfer of the property to the corporation? $ 0 Amount realized