Paul Janko has transferred the following assets to Jumbo Corp., a Canadian controlled private corporation, as part of a roll over, and received 100 shares in return as part of the rollover.

	Building	Land	Inventory
Adjusted Cost Base (ACB)	$230,000	$70,000	$15,000
Fair Market Value	$220,000	$150,000	$20,000
Undepreciated Cost of Capital (UCC)	$120,000	n/a	n/a

Required:

Determine the following amounts:

A) The minimum amount that Paul Janko may elect to transfer each asset in the rollover based on the information provided

B) The ACB and FMV of the shares received by Paul Janko in the rollover

C) If Paul currently has $5,000 in non-capital business losses, what item might he want transfer into the Corp at a higher elected value, and at what value?