Mica transfers a building worth $$90,000($adjusted basis $=$ $$120,000)$ and land worth $$100,000($adjusted basis $=$ $$80,000)$ to form Paint Inc. in a tax$-$deferred Section $351$ transfer. What is Paint's tax basis in the building and land?

Multiple choice question.

Building $$120,000$; Land $$80,000$

Building $$90,000$; Land $$100,000$

Building $=$ $$110,000$; Land $=$ $$80,000$