Solve for part F and I. I solved some of it, but I don't get the land part.

Problem 19-42 (LO 19-2) [The following information applies to the questions displayed below.] Ron and Hermione formed Wizard Corporation on January 2. Ron contributed cash of $220,000 in return for 50 percent of the corporation's stock. Hermione contributed a building and land with the following fair market values and adjusted bases in return for 50 percent of the corporation's stock: Tax- Adiusted Basis Building Land Total FMV 104,000 156,000 26,000 104,000 $260,000 $130,000 To equalize the exchange, Wizard Corporation paid Hermione $40,000 in addition to her stock. (Leave no answer blank Enter zero if applicable. Negative amounts should be indicated by a minus sign.) Problem 19-42 Part f Assume Hermione's adjusted basis in the land was $220,000 f. What amount of gain or loss does Hermione realize on the formation of the corporation? What amount, if any, does she recognize? (Do not round intermediate calculations.) Gain or loss realized Gain or loss recognized 16,000