Dixon Corporation is acquiring Martin Corporation in a Type A reorganization by exchanging 40% of its voting stock and $50,000 for all of Martin's assets (value of $850,000 and basis of $600,000) and liabilities ($200,000). The shareholders of Martin are Tina (650 shares) and Curby (350 shares). They bought their stock for $500 per share. What is the amount of gains or losses that Tina and Curby will recognize due to the reorganization? What is the value of the stock they received from Dixon, and what is their basis in the Dixon stock?