Ivan incorporated his sole proprietorship by transferring inventory, a building, and land to the corporation in return for 100 percent of the corporations stock. The property transferred to the corporation had the following fair market values and adjusted bases: FMV Adjusted Basis Inventory $ 18,800 $ 33,000 Building 55,000 43,000 Land 78,750 31,000 Total $ 152,550 $ 107,000 The fair market value of the corporations stock received in the exchange equaled the fair market value of the assets transferred to the corporation by Ivan. The transaction met the requirements to be tax-deferred under 351. c. What is Ivans basis in the stock he receives in his corporation? (Negative amount should be indicated by a minus sign. Leave no answer blank. Enter zero if applicable.)