Consideration Transferred Basis to Transferor Fair Market Number of Shares Issued Value From Ryan- Cash $820,000 $820,000 Notes receivable 235,000 290,000 1,110 From Kristen- Cash Patent Machinery $100,000 300,000 260,000 $100,000 500,000 200,000 800 Carolina Corporation's basis n the patent is.Its basis in the machinery X. Its basis in the machinery s Carolina Corporation's basis in the patent is