Question content area top Part 1 Matthew and Karen own 260 and 220 shares, respectively, of South East Corporation stock, which represent all the shares outstanding. The current market value per share is $ 23. South East needs capital to expand its operations, and Karen is willing to contribute to South East silver bullion against which the corporation can borrow operating funds. Karen purchased the bullion 12 years ago, when its cost was a fraction of its current market value. Read the requirement.LOADING... Question content area bottom Part 1 How many additional shares must Karen receive in exchange for the bullion to avoid recognizing a gain
