Earl purchases all the assets and assumes the liabilities of Buddy's Market Shop. The details concerning the adjusted basis and fair market value of Buddy's assets and liabilities are as follows:

Asset	Adjusted Basis		Fair Market Value
Inventory	$28,700		$41,300
Equipment	21,500		71,400
Land	9,800		15,500
Building	119,700		150,500
Liabilities	(58,700)		(58,700)

a. If Earl pays $251,400 for Buddy's net assets, then Earl's basis in the assets, liabilities, and goodwill is $fill in the blank 2.

b. Assume that Buddy's Market Shop is a closely held corporation and that Earl pays $251,400 for all the stock. Earl's basis in the stock is $fill in the blank 4.