QUESTION 33 Allie and Jake formed the Infinity Corporation on November 5th, 2018. On this same date, Allie paid $75,000 cash to Alder Corporation for 1.500 as of corporation's common stock. Simultaneously, Jake received 100 shares of Infinity's stock for legal services rendered. How much should Jake include in his table income for 2018, and what will be the basis of his Infinity stock? Taxable Income Basis of Stock Ca. 50 $5,000 b. so O $5,000 $5,000 Od: $5.000