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Yvonne and Simon form Ion Corporation. Yvonne transfersequipment with a basis of $275,400 and fair market value of$413,100 to Ion Corporation. Simon invests $330,480 of
Yvonne and Simon form Ion Corporation. Yvonne transfersequipment with a basis of $275,400 and fair market value of$413,100 to Ion Corporation. Simon invests $330,480 of cash. Theyeach receive 100 s 2 answers
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