Consideration Transferred Basis to Transferor Number of Shares Issued Fair Market 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 Ryan's basis in the Carolina Corporation stock is Carolina Corporation's basis in the notes receivable is s Kristen's basis in the Carolina Corporation stock is s rolina Corporation's basis in the patent is X . Its basis in the machinery is