Yvonne and Simon form Ion Corporation. Yvonne transfers equipment (basis of $129,800 and fair market value of $194,700). Simon invests $155,760 of cash. They each receive 100 shares in Ion Corporation, worth $155,760, but Yvonne also receives $38,940 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 $fill in the blank 1 in the equipment. Yvonne has a basis of $fill in the blank 2 for her stock and Simon has a basis of $fill in the blank 3 for his stock.