Yvonne and Simon form Ion Corporation. Yvonne transfers equipment (basis of $318,800 and fair market value of $478,200). Simon invests $382,560 of cash. They each receive 100 shares in Ion Corporation, worth $382,560, but Yvonne also receives $95,640 in cash from Ion. Calculate Ion Corporation's basis in the equipment and determine Yvonne and Simon's basis in the Ion stock. Ion Corporation has a basis of $ in the equipment. Yvonne has a basis of $ for her stock and Simon has a basis of $ for his stock