Zhang incorporated her 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 values and adjusted tax bases: FMV Adjusted Tax Basis Inventory $ 52,000 $ 26,000 Building 390,000 260,000 Land 598,000 780,000 Total $ 1,040,000 $ 1,066,000 The corporation also assumed a mortgage (liability) of $100,000 attached to the building and land. The fair market value of the corporation's stock received in the exchange was $940,000. The transaction met the requirements to be tax-deferred under 351. Note: Negative amount should be indicated by a minus sign. Leave no answer blank. Enter zero if applicable. Requ