Thomas, the sole shareholder of Price Corporation, has a basis of $825,000 in his stock. He exchanges his Price Corporation stock for $975,000 of Roland Corporation voting common stock plus land with a fair market value of $200,000 and a basis of $92,000. Price Corporation distributed the land to Thomas. Assume that this exchange qualifies under Code Section 368. What should be the basis in Roland Corporation stock for Thomas from the reorganization? Give reference.