Small Corporation owns assets with a FMV of $$3$ million and a basis of $$2\mathrm{.}1$ million. Small$$s liabilities equal $$250,000.$ Small transfers assets with a FMV of $$2\mathrm{.}75$ million and a basis of $$1\mathrm{.}2$ million to Parent Corporation as part of a reorganization. Small keeps other assets to pay off its liabilities. Has Parent Corporation received $$substantially all$$ of the assets of Small? $($Show your computations.$)$