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Determine the basis of stock in the hands of the shareholder in each of the following instances. Assume that the 8 0 % rule is

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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 $1,700 and an FMV of $2,100.
b. Contribution of property with a basis of $4,400 and an FMV of $6,040. The stockholder also received $1,200 cash from the corporation as part of the stock transaction.
c. Contribution of property with a basis of $8,900 and an FMV of $13,900. The stockholder also received property with an FMV of $2,400 from the corporation as part of the stock transaction.
d. Contribution of a building with an FMV of $235,000, a mortgage (assumed by the corporation) of $135,000, and a basis of $195,000.
e. Contribution of a building with an FMV of $1,770,000, a mortgage (assumed by the corporation) of $1,070,000, and a basis of $670,000.
\table[[,Amount],[a. Shareholder's basis in stock,],[b. Shareholder's basis in stock,],[c. Shareholder's basis in stock,],[d. Shareholder's basis in stock,],[e. Shareholder's basis in stock,]]
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