Nancy and George ( relationship ) form EB Corporation with the following investments: cash by Nancy of
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Nancy and George relationship form EB Corporation with the following investments: cash by Nancy of $k land by George basis of $k and fair market value of $k EB Corporation issues shares of stock, each to Nancy and George. Thus, each receives stock in EB worth $ Provide information about realized gainlosses and adjusted basis for George, Nancy & EB Corp.
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