$10.$ Woldridge Corporation is acquiring Anastasia Corporation through a $$Type C$$ reorganization by exchanging $20\%$ of its voting stock and $$50,000$ for all of Anastasia$$s assets $($value of $$800,000$ and basis of $$600,000)$ and liabilities $($$$100,000).$ Jacob owns $48\%$ of Anastasia $($basis $$270,000),$ and Andrea owns the remaining $52\%($basis $$380,000).$ They exchange their stock in Anastasia for their proportionate shares of the Woldridge stock and cash. What is the value of the Woldridge stock received by Jacob and Andrea? What are the amounts of gains$/$losses each recognizes due to the reorganization?

What is Jacob$$s and Andrea$$s basis in the Woldridge stock?