Mr. Rick O'Shea transfers shares (a non-depreciable capital property) to a corporation, using TA Section 85. The shares has a fair market value (FMV) of $342, 000 and an adjusted cost base (ACB) of $111,000 As consideration, Section 85 Rollover Brighton receives: Cash of $21,000. Preferred shares with a FMV of $50,000 Common shares with a FMV of $271,000. Assume that Rick elects at the minimum transfer price. Indicate the total paid-up capital (PUC) of the common shares that were issued to Rick. Curry On Over acquired 100% of On Tapas The World on October 31, 2012 for $2,750,000. At that time, On Tapas The World owned one non-depreciable asset, a piece of land with an adjusted cost base (ACB) of $400,000 and a fair market value (FMV) of $750,000. Since November 1, 2012, On Tapas The World has paid total dividends of $300,000 to Curry On Over. On October 31, 2023, when the net assets of On Tapas The World had a tax value of $2,200,000, On Tapas The World was wound up into Curry On Over under ITA Section 88. 

What will be the adjusted. cost base_(ACB) of the land after the wind-up?