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2 different answers to exact question: Paula transferred equipment (with an FMV of $20,000 and adjusted basis to Paula of $15,000) and legal services (FMV

2 different answers to exact question: Paula transferred equipment (with an FMV of $20,000 and adjusted basis to Paula of $15,000) and legal services (FMV of $10,000) to X Corp for 85% of its outstanding stock. What is the amount of income Paula must recognize due to this transfer? A. $2,500 B. $5,000 C. 10,000 D. $15,000 What is the correct answer??

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