O Required information [The following information applies to the questions displayed below) Zhang incorporated her sole proprietorship by transferring inventory, a building, and land to the corporation in return for 100 percent of the corporation's stock. The property transferred to the corporation had the following fair market values and adjusted tax bases: Adjusted Tax FMV Basis Inventory $ 88,000 $ 44,000 Building 660,000 440,000 Land 1,012,000 1,320,000 Total $ 1,760,000 $ 1,884,800 The corporation also assumed a mortgage of $100.000 attached to the building and land. The fair market value of the corporation's stock received in the exchange was $1,660,000. The transaction met the requirements to be tax deferred under 5351. (Negative amount should be indicated by a minus sign. Leave no answer blank. Enter zero if applicable.) d. What is the corporation's adjusted tax basis in each of the assets received in the exchange? Answer is not complete. Inventory 44.000 Land Adjusted basis Building 440,000