Individual A$,$ Individual B$,$ and Individual C form ABC Corporation by contributing the following items in exchange for stock in ABC Corporation:

Adjusted Basis Fair Market Value

of property given of property given Shares of Stock Received

Individual A:

Cash $ $15,000$ $$15,000$

Fixtures $150,000210,0002250$ shares

Individual B:

Land $$200,000$ $$900,0006000$ shares

Mortgage $300,000(300,000)$

Individual C:

Services $$0$ $ $100,0001000$ shares

Additional information:

$$ Individual C has a PhD in immunology and leads research and development for the corporation.

Questions:

a$.$ How much gain, loss, or income does Individual A recognize from contributing cash and fixtures in exchange for $2250$ shares of stock?