The following independent cases involve the transfer of assets under Section 85: Required: For each of the two cases below, indicate the minimum and maximum amounts that could be elected as a transfer price under Section 85: Case A - Equipment with a fair market value of $34,000, an original capital cost of $50,000, and a UCC of $21,000 is transferred to a CCPC in exchange for $18,000 in cash plus $16,000 in preferred stock Minimum elected transfer price: ______________ Maximum elected transfer price: _____________________