Just prior to a major medical procedure, Cody gives his son, Liam, stock in Robin Corporation $($fair market value of $$2,224,200$ and basis of $$3,113,880).$ At the time of the gift, Cody held some unused capital losses. The surgery is unsuccessful, and after Cody's death, Liam sells the stock for $$3,425,268.$

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a$.$ What is the income tax result for Liam?

$fill in the blank $7595$db$06806902$c$\_1$

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b$.$ What if the gift had not been made and the stock passed to Liam as a bequest from Cody?

$fill in the blank f$2$cd$5$cfacff$3$fa$1\_1$