1---Roberta transfers property with a tax basis of $434 and a fair market value of $538 to a corporation in exchange for stock with a fair market value of $360 in a transaction that qualifies for deferral under section 351. The corporation assumed a liability of $178 on the property transferred. What is the amount realized by Roberta in the exchange?

2--Antoine transfers property with a tax basis of $510 and a fair market value of $671 to a corporation in exchange for stock with a fair market value of $554 in a transaction that qualifies for deferral under section 351. The corporation assumed a liability of $117 on the property transferred. What is Antoine's tax basis in the stock received in the exchange?

3---Camille transfers property with a tax basis of $1,210 and a fair market value of $1,540 to a corporation in exchange for stock with a fair market value of $1,350 and $190 in cash in a transaction that qualifies for deferral under section 351. Camille also incurred selling expenses of $109. What is the amount realized by Camille in the exchange?

4---Casey transfers property with a tax basis of $2,540 and a fair market value of $5,400 to a corporation in exchange for stock with a fair market value of $4,200 and $405 in cash in a transaction that qualifies for deferral under section 351. The corporation assumed a liability of $795 on the property transferred. Casey also incurred selling expenses of $594. What is the amount realized by Casey in the exchange?

5---Simone transferred 100 percent of her stock in Purple Company to Plum Corporation in a Type A merger. In exchange, she received stock in Plum with a fair market value of $532,500 plus $532,500 in cash. Simone's tax basis in the Purple stock was $287,000. What amount of gain does Simone recognize in the exchange and what is her basis in the Plum stock she receives?

6---Red Blossom Corporation transferred its 40 percent interest to Tea Company as part of a complete liquidation of the company. In the exchange, Red Blossom received land with a fair market value of $520,000. The corporation's basis in the Tea Company stock was $417,500. The land had a basis to Tea Company of $622,500. What amount of gain does Red Blossom recognize in the exchange and what is its basis in the land it receives?