share price of forst is not provides

This year, Vincent, Meg, Karen and John form Frost Corporation. 1. For 100 shares of Frost stock, Vincent contributes an office building with a $50,000 adjusted basis, $250,000 FMV, and $150,000 mortgage (assumed by Frost). 2. Meg contributes vehicles purchased two years ago and used in her business having a $250,000 adjusted basis and a $200,000 FMV in exchange for 150 shares of Frost stock. Meg also receives $50,000 in cash. 3. Karen contributes services (organization costs) worth $75,000 and $25,000 cash in exchange for 100 shares of Frost stock. 4. John contributes cash of $50,000 and stock that has a $100,000 FMV (purchased as an investment four years ago for $10,000) in exchange for 150 shares of Frost stock. For each new shareholder in Frost Corporation, determine the following. Use parentheses for negative numbers (X.XXX) Realized gain/(loss) Recognized. gain/(loss) Adjusted basis in Frost shares Vincent Meg Karen John For Frost Corp., list the basis for each asset following the completion of the transaction. Basis Cash Stock T Vehicles Building Other Mortgage This year, Vincent, Meg, Karen and John form Frost Corporation. 1. For 100 shares of Frost stock, Vincent contributes an office building with a $50,000 adjusted basis, $250,000 FMV, and $150,000 mortgage (assumed by Frost). 2. Meg contributes vehicles purchased two years ago and used in her business having a $250,000 adjusted basis and a $200,000 FMV in exchange for 150 shares of Frost stock. Meg also receives $50,000 in cash. 3. Karen contributes services (organization costs) worth $75,000 and $25,000 cash in exchange for 100 shares of Frost stock. 4. John contributes cash of $50,000 and stock that has a $100,000 FMV (purchased as an investment four years ago for $10,000) in exchange for 150 shares of Frost stock. For each new shareholder in Frost Corporation, determine the following. Use parentheses for negative numbers (X.XXX) Realized gain/(loss) Recognized. gain/(loss) Adjusted basis in Frost shares Vincent Meg Karen John For Frost Corp., list the basis for each asset following the completion of the transaction. Basis Cash Stock T Vehicles Building Other Mortgage