Problem 5 Determine the basis of stock in the hands of the shareholder in each of the following instances. Assume that the 80% rule is met in all cases. a. Contribution of property with a basis of $2,000 and an FMV of $2,800. b. Contribution of property with a basis of $6,000 and an FMV of $7,600. The stockholder also received $1,000 cash from the corporation as part of the stock transaction. C. Contribution of property Ivith a basis of $16,400 and an FMV of $25,000. The stockholder also received property with an FMV of $3,400 from the corporation as part of the stock transaction. d. Contribution of a building with an FMV of $400,000, a mortgage (assumed by the corporation) of $200,000, and a basis of $250,000. e. Contribution of a building with an FMV of $3,400,000, a mortgage (assumed by the corporation) of $2,000,000, and a basis of $1,270,000