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? What value of silver bullion should she contribute to South East in exchange for additional shares? Help me solve thisCalculatorAsk my instructor pop-up content starts Requirement If Karen wants to avoid recognizing a gain upon transferring the bullion to the​ corporation, how many additional shares must she receive in exchange for the​ bullion, and what value of silver bullion should she contribute to South East in exchange for additional​ shares? Hint: Karen needs to achieve​ 80% control of the corporation. pop-up content ends