QUESTION 1 1 point Ivan incorporated his sole proprietorship by transferring inventory, a building, and land to the corporation in return for 100 percent of the corporation's stock. The property transferred to the corporation had the following fair market value and adjusted basis FMV Adjusted Basis Inventory $ 10,000 $ 16,000 Building 50,000 40,000 Land 60.000 30.000 Total $120.000 $86.000 The fair market value of the corporation's stock received in the exchange equaled the fair market value of the assets transferred to the corporation by Ivan. The transaction met the requirements to be tax-deferred under 5351. What amount of gain or loss does Ivan recognize on the transfer of the property to her corporation