On March 1, 20XA, Jerry Barnes purchases mineral rights for \($30,000.\) On June 1, 20XA, he leases the mineral rights to Brown Oil Company retaining a 1/5 royalty interest. Brown Oil Company pays Barnes a lease bonus of \($10,000.\) On June 1, 20XB, a delay rental of \($1,000\) is received by Barnes. Oil royalties of \($8,000\) are paid to Barnes in 20XC. Proved reserves at 12/31/20XC are 20,000 barrels, and production and sales for the year are 3,000 barrels. The reserve, production, and sales data apply only to Jerry Barnes.

Determine the tax basis of any assets owned by Jerry Barnes and the amount of any tax revenues reported and any tax deductions taken by Jerry Barnes in each of the three years.