Susan transfers land (a capital asset) having a $ 70,000 adjusted basis to Teddy Corporation in a Sec. 351 exchange. In return, Susan receives the following consideration:

consideration	FMV
70 shares of Teddy common stock	60,000
60 shares of Teddy qualified prefered stock	65,000
Teddy note due in three years	65,000
total	190,000

A. What Susan's basis in her common stock, preferred stock, and note?

B. What is Tedd's basis in the land?