Meghan Markle wants to elect S85(1) and transfer land valued at $45,000 to her corporation. Megan's adjusted cost base is $25,000 The land has a mortgage of $15,000. In return Meghan received cash of $30,000 and a preferred share worth $2,000 and the company assumed the mortgage. What will be the elected transfer price and the adjusted cost base of the preferred share? $25,000 and $24,000 $27,000 and $15,000 $15,000 and nil $45,000 and nil