Harriet, Herm, and Ronde formed an $ corporation called Innovet. Harriet and Herm both contributed cash of $39,400 to get things started. Ronde was a bit short on cash but had a parcel of land valued at $94,000 (basis of $78,800 ) that he decided to contribute. The land was encumbered by a $54,600 mortgage. What tax bases will each of the three have in their stock of Innovet