Determine the basis of stock in the hands of the shareholder in each of the

following instances. Assume that the $80\%$ rule is met in all cases.

Required:

a$.$ Contribution of property with a basis of $$2,300$ and an FMV of $$2,700.$

b$.$ Contribution of property with a basis of $$5,600$ and an FMV of $$7,960.$

The stockholder also received $$1,800$ cash from the corporation as part of

the stock transaction.

c$.$ Contribution of property with a basis of $$9,500$ and an FMV of $$15,100.$

The stockholder also received property with an FMV of $$3,000$ from the

corporation as part of the stock transaction.

d$.$ Contribution of a building with an FMV of $$265,000,$ a mortgage

$($assumed by the corporation$)$ of $$165,000,$ and a basis of $$255,000.$

e$.$ Contribution of a building with an FMV of $$1,830,000,$ a mortgage

$($assumed by the corporation$)$ of $$1,130,000,$ and a basis of $$700,000.$