Roan transfers to Star Corporation property having a $31.000 adjusted basis and a $55,000 FMV in exchange for all of Star's stock worth $18,000 and Star's assumption of a $37,000 mortgage on the property. Read the requirements Requirement a. What is the amount of Roan's recognized gain or loss? Roan realizes a(n) and recognizes Requirement b. What is Roan's basis in the Star stock? Roan's basis in the Star stock is Requirement c. What is Star's basis in the property? Star's basis in the property is Requirement d. How would your answers to Parts a through c change if the mortgage assumed by Star were $18,000 and the Star stock were worth $37.000? a. What is the amount of Roan's recognized gain or loss? Roan recognizes Roan transfers to Star Corporation property having a $31,000 adjusted basis and a $55,000 FMV in exchange for all of Star's stock worth $18,000 and Star's assumption of a $37,000 mortgage on the property. Read the requirements Roans pasis in the Star Stock IS Requirement c. What is Star's basis in the property? Star's basis in the property is Requirement d. How would your answers to Parts a through c change if the mortgage assumed by Star were $18,000 and the Star stock were worth $37,000? a. What is the amount of Roan's recognized gain or loss? Roan recognizes b. What is Roan's basis in the Star stock? Roan's basis in the Star stock is c. What is Star's basis in the property? Star's basis in the property is Roan transfers to Star Corporation property having a $31,000 adjusted basis and a $55,000 FMV in exchange for all of Star's stock worth $18,000 and Star's assumption of a $37,000 mortgage on the property Read the require - X Requirements Requiremental Roan realizes What is the amount of Roan's recognized gain or loss? b. Requirement What is Roan's basis in the Star stock? What is Star's basis in the property? Roan's basis in How would your answers to Parts a through e change if the mortgage assumed by Star were $18,000 and the Star stock were worth $37,000? Requirement a C d. Star's basis in and the Requirement Star stock werel Print Done a. What is the Roan recognizes