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uestion 4 0 out of 2 points Zhang incorporated her sole proprietorship by transferring inventory, a building, and land to the corporation in return for 100 percent of the corporation's stack. The property transferred to the corporation had the following fair market value and adjusted basis. EMV Adjusted Basis Inventory Building Land Total $ 20,000 150,000 230.000 $.400.000 $ 9,000 100,000 300 000 $_409.000 The corporation also assumed a mortgage of $100.000 attached to the building and land. The fair market value of the corporation's stock received in the exchange was $300,000 The transaction met the requirements to be tax-deferred under $351 What amount of gain or loss does Zhang recognize on the transfer of the property to her corporation? Selected Answer: [None Given) Question 5 O out of 2 points Based upon the facts in the prior question, what is Zhang's tax basis in the stock she receives in the exchange? Selected Answer: [None Given] Question 6 o out of 2 points Based on the facts in the two prior questions, what is the corporation's adjusted basis in the land received in the exchange? Selected Answer: [None Given)