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:

Contribution of property with a basis of $2,400 and an FMV of $2,800.

Contribution of property with a basis of $5,800 and an FMV of $8,280. The stockholder also received $1,900 cash from the corporation as part of the stock transaction.

Contribution of property with a basis of $9,600 and an FMV of $15,300. The stockholder also received property with an FMV of $3,100 from the corporation as part of the stock transaction.

Contribution of a building with an FMV of $270,000, a mortgage (assumed by the corporation) of $170,000, and a basis of $265,000.

Contribution of a building with an FMV of $1,840,000, a mortgage (assumed by the corporation) of $1,140,000, and a basis of $705,000.