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

	FMV			Adjusted Basis
Inventory	$	78,900		$	39,450
Building		140,000			115,000
Land		206,550			278,000
Total	$	425,450		$	432,450

The corporation also assumed a mortgage of $115,000 attached to the building and land. The fair market value of the corporations stock received in the exchange was $310,450. The transaction met the requirements to be tax-deferred under 351.

Assume the corporation assumed a mortgage of $478,550 attached to the building and land. Assume the fair market value of the building is now $236,700 and the fair market value of the land is $631,200. The fair market value of the stock remains $310,450.g. What is the corporations adjusted basis in each of the assets received in the exchange?