Kelly, Tanya, and Barry form The Paint Corporation. Kelly transfers a building $($A$/$B $$40,000,$ FMV $$100,000)$; Tanya invests $$60,000$ cash and performs services worth $$15,000.$ Barry transfers equipment $($A$/$B $$50,000,$ FMV $$25,000)$ and land $($A$/$B $$40,000,$ FMV $$50,000).$ They each receive $50$ shares in The Paint Corporation, and each share is worth $$1,500.$ Kelly also receives $$10,000$ cash from the corporation. The corporation assumes a $$15,000$ debt that Kelly owes on the building. The $$15,000$ debt is for tax avoidance.

$($a$)$ What is Kelly's recognized gain?

$($b$)$ What is Kelly's stock basis?

$($c$)$ What is the corporation's basis in the building?

$($d$)$ What is Tanya's stock basis?

$($e$)$ What is the corporation's basis in the equipment?