4. Pontoon Corporation adopts a plan of reorganization and exchanges 1,250 shares of its voting stock and $100,000 in cash for Cruiser Corporation's assets having a $450,000 adjusted basis and a $600,000 FMV. Cruiser Corporation is subsequently liquidated. What is Pontoon Corporation's basis in the assets acquired in the exchange? I A) $225,000 B) $250,000 C) $300,000 D) $450,000