Three individuals from skylark corporation with the following contributions: cliff cash of $ 50,000 for 50 shares, brad land worth $20,000 basis of $11,000 for 20 shares ron, cattle worth $9,000 basis of $6,000 for 9 shares and services worth $21,000 for 21 shares

Select one:

a) these transfers are fully taxable and not subject to 351

b) rons basis in his stock is $27,000

c) rons basis in his stock is $ 6,000

d) brad basis in his stock is $20,000

e) none of the above