3 part question , thanks !

Help Required information [The following information applies to the questions displayed below.) f3 Jefferson Millinery Inc. (JMI) decided to liquidate its wholly owned subsidiary, 8 Miles High Inc. (8MH). 8MH had the following tax accounting balance sheet: Appreciation Cash Building Land Total FMV $253,000 82,750 170, 250 $506,000 Adjusted Basis $253,000 19,500 99,000 $371, 500 63,250 71,250 $134,500 bok int ences a. What amount of gain or loss does 8MH recognize in the complete liquidation? (Negative amount should be indicated by a minus sign. Leave no answer blank. Enter zero if applicable.) Gain or loss recognized b. What amount of gain or loss does JMI recognize in the complete liquidation? (Negative amount should be indicated by a minus sign. Leave no answer blank. Enter zero if applicable.) Gain or loss recognized c. What is JMI's tax basis in the building and land after the complete liquidation? Building Land Tax basis