Zhang incorporated her sole proprietorship by transferrin 100 percent of the corporation's stock. The property trans and adjusted bases: Inventory Building Land Total FMV $ 28,000 210,000 322,000 $560,000 The corporation also assumed a mortgage of $100,000 atta corporation's stock received in the exchange was $460,000 under $351. (Negative amount should be indicated by a m Adjusted basis Adjusted Basis $ 14,000 140,000 420,000 $574,000 Assume the corporation assumed a mortgage of $660,000 attach- building is now $350,000 and the fair market value of the land is S g. What is the corporation's adjusted basis in each of the assets re Inventory Building Land