Question: 2. Section 351 transfer with multiple assets Sirchana transfers three assets to newly formed Global Corporation in a transaction qualifying under Section 351. Consideration recelved:

2. Section 351 transfer with multiple assets Sirchana transfers three assets to newly formed Global Corporation in a transaction qualifying under Section 351. Consideration recelved: Global Corporation stock valued at $210,000 and cash $40,000. Compute Archana's gain and basis in her stock following the transfer

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