Ron and Hermione formed Wizard Corporation on January 2 Ron contributed cash of $340,000 in return for 50 percent of the corporation's stock. Hermione contributed a building and land with the following fair market values and adjusted bases in return for 50 percent of the corporation's stock Building Land Total FMV $176,000 264,000 $440,000 Tax- Adjusted Basis $ 44,080 176,000 $220,000 To equalize the exchange. Wizard Corporation paid Hermione $100,000 in addition to her stock Assume Hermione's adjusted basis in the land was $440,000. i. What adjusted basis does Wizard Corporation take in the land and building received from Hermione? (Leave no answer blank. Ente zero if applicable. Negative amount should be indicated by a minus sign.)