Required information [The following information applies to the questions disployed below, Mickey. Mickayla, and Toylor are starting a new business (MMT). To get the business stanted, Mickey is contributing $205.000 for a 40 percent ownership interest. Mickayla is contributing a building with a value of $205,000 and a tax bosis of $151,250 for a 40 percent ownership interest, and Toylor is contributing legal services for o 20 percent ownership interest. What amount of gain is each owner required to recognize under each of the following altemative situations? (Hint Look ot IRC 9351 and \$721.) (Leave no onswer blank. Enter zero if opplicoble.) a. MMT is formed as a C corporation