I wanted answers with the diagram. Thank you!

1. Ann transferred land worth $300,000, with a tax basis of $100,000, to Brown Corporation, an existing entity, for 100 shares of its stock. Brown Corporation has two other shareholders, Bill and Bob, each of whom holds 100 shares. What are the income tax consequences to Ann with respect to the transfer?

2.In order to induce Yellow Corporation to build a new manufacturing facility in Knoxville, Tennessee, the city donates fair market value of $500,000) and cash of $200,000 to the corporation. Several months after the donation, Yellow Corporation spends $800,000 (which includes the $200,000 received from Knoxville) on the construction of a new plant Indicated on the donated land. What are the income tax consequences to Yellow Corporation with regard to the donation of land and subsequent construction of a new plant?