Zhang incorporated her sole proprietorship by transferring inventory, a building, and land to the corporation in return for 100 percent of the corporation's stock. The property transferred to the corporation had the following fair market values and adjusted tax bases:

	FMV	Adjusted Tax Basis
Inventory	$ 44,000	$ 22,000
Building	330,000	220,000
Land	506,000	660,000
Total	$ 880,000	$ 902,000

The corporation also assumed a mortgage of $100,000 attached to the building and land. The fair market value of the corporation's stock received in the exchange was $780,000. The transaction met the requirements to be tax-deferred under 351.

Assume the corporation assumed a mortgage of $980,000 attached to the building and land. Assume the fair market value of the building is now $550,000 and the fair market value of the land is $1,166,000. The fair market value of the stock remains $780,000.

What is the corporation's adjusted tax basis in each of the assets received in the exchange?

Inventory	Building	Land