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Question 12 Brad and Joanne form Yathers Corporation Brad transfers land basis of $30,000 and fair market value of 570.000) and Joanne inwestsch 560.000). They

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Question 12 Brad and Joanne form Yathers Corporation Brad transfers land basis of $30,000 and fair market value of 570.000) and Joanne inwestsch 560.000). They each 100 shares in Yathers Corporation, worth $60,000 (5120.000 in total stock value between the two bradsson from Yather corporation (FMV of $10,000 and a basis to the corporation of $3,000 right before the transfer to win the transaction How much taxable income, if any, does Brad have in the transaction above? OSO/None $3,000 $10.000 O $60,000 None of the other answer choices are correct

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