Jack transferred a tiny stand-alone office building in St. John's with an adjusted basis of $75,000 and the fair market value of $130,000 to ABC Corporation in exchange for 80% of ABC's stock plus a car with an adjusted basis to ABC of $25,000. The fair market value of the car was $30,000 and the fair market value of the stock was $100,000. What is ABC's basis in the building?

Select one:

a.$130,000

b.$75,000

c.$100,000

d.$105,000