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Question 13 Not yet answered Marked out of 100 Pick the best answer based on the following information: Harold transfers the following to a newly

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Question 13 Not yet answered Marked out of 100 Pick the best answer based on the following information: Harold transfers the following to a newly formed corporation Land (basis of $50,000 and FMV of $100,000) Building (basis of $50,000 and FMV of $400,000) Accounts payable of $10,000 (for personal vacation) Notes Payable 1 for building improvements of $185,000 Flag Question O a $357(b) and $357(c) problem so $357(e) controls Ob. $367(b) and 5357(e) problem so 567(b) control Oc. $357(b) problem Od $357(c) problem De No 9357(b) or 5357(c) problems

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