What does this mean...

Adams, Beck, and Carr organized Flexo Corp. with authorized voting common stock of $$100,000.$ Adams received $10\%$ of the capital stock in payment for the organizational services that he rendered for the benefit of the newly formed corporation. Adams did not contribute property to Flexo and was under no obligation to be paid by Beck or Carr. Beck and Carr transferred property in exchange for stock as follows:

$\backslash$table$[[,$Adjusted Basis,FMV$,\backslash$table$[[\%$ of Flexo Stock$],[$Acquired$]]],[$Beck$,5,000,20,000,20\%$