Tolbert sold property to her solely owned corporation. The property had a basis to Tolbert of \$100,000 but the property was sold for $70,000. The corporation sells the property years later to a unrelated party for $90,000. Which of the following statements are true? SELECT ALL THAT APPLY!! Tolbert has a recognized loss of $30,000 on the sale. Tolbert has no recognized gain or loss on the sale. The corporation has a $20,000 gain on the sale to a 3rd party The corporation has no recognized gain or loss on the sale to a 3rd party