Shr owns all the shares of Tar. Her basis in the Tar stock is $15, and her holding period is 2 years. Tar owns one asset, land with a fair market value of $100 in which Tars basis is $35. The land was acquired 5 years ago. Acq wants to acquire Tar. Tar merges into Acq, and Acq transfers $70 of Acq voting stock and $30 in cash to Shr.

please answer both

1) if instead of the prior facts, Acq transfers to Shr Acq voting stock worth $35 and $65 in cash how much if any gain or loss does Shr recognize when Tar merges into Acq?

2) Using the facts where stock worth $35 and cash of $65 was transferred by Acq, what is Shr's basis in the Acq stock?