Robert, Stannis, Renly, and Cersei form Baratheon Corporation by making the following transfers in 2020: Property Transferred Basis to Transferor Fair Market Value Number of Shares Issued From Robert - Cash ........" $9,000 $9,000 40 - Building ...=.545:"" 9,000 72,000 - Mortgage on Building ....... 45,000 45,000 From Stannis - Land ..5415xx 9,000 54,000 30 - Mortgage on Land ... 18,000 18,000 - Personal debt (proceeds used to pay personal debts) .. 9,000 9,000 From Renly - Machinery .. 9,000 27,000 20personal debts) 9,000 9,000 From Renly - Machinery 9,000 27,000 20 From Cersei - Services Rendered -0- 9.000 10 Assume that the value of each share of Baratheon Corporation is $900 and that Renly receives $9,000 cash in addition to the 20 shares of stock. The corporation assumes all of the debts from Robert and Stannis. What are the tax consequences of the above transaction to all of the parties involved, including Baratheon Corporation and each of the four shareholders