Stone, a cash basis taxpayer, incorporated her CPA practice. No liabilities were transferred. The following assets were transferred to the corporation:

Cash (checking account)	$500
Computer equipment:
Adjusted basis	30,000
Fair market value	34,000
Cost	40,000

Immediately after the transfer, Stone owned 100% of the corporation's stock. The corporation's total basis for the transferred assets is:

The answer is 30,500

How would your answer differ if Stone was a 50 percent partner with Rock?