56. During 2008, John Johnson purchased 50 shares of common stock in Corporation DEF for $4,500. In 2014, DEF declared a stock dividend of 20 percent. The new stock received by John in the stock dividend was identical to the old stock. In 2018, DEF's stock split 3 for 1 at a time when the fair market value was $120 per share. What is John's basis in each of his shares of DEF's stock if both distributions were nontaxable? a. $120 per share b. $90 for 50 shares and zero for all additional shares c. $75 for 60 shares and $142.50 for 120 shares $25 per share d. 57. During 2018, Mary Maloney received a gift of property from her aunt. At the time of he gift, the property had a fair market value of $165,000, the taxable gift was $150,000, and the adjusted basis to her aunt was $105,000. Mary's aunt paid a gift tax on the property of $45,000. What is the amount of Mary's basis in the property? a. $105,000 b. $123,000 C. $150,000 d. $165,000