Determine the basis of the property contributed in the hands of the corporation in each instance. Assume that the 80% rule is met in all cases.

Contribution of property with a basis of $2,900 and a FMV of $3,300.

Contribution of property with a basis of $6,800 and a FMV of $7,600. The stockholder also received $2,400 cash from the corporation as part of the stock transaction.

Contribution of property with a basis of $10,100 and a FMV of $16,300. The stockholder also received property with a FMV of $3,600 from the corporation as part of the stock transaction.

Contribution of a building with a FMV of $295,000, a mortgage (assumed by the corporation) of $195,000, and a basis of $315,000.

Contribution of a building with a FMV of $1,890,000, a mortgage (assumed by the corporation) of $1,190,000, and a basis of $730,000.