Question: 4 ) ( 5 Points ) A & B come to you wishing to start a C - Corporation. A has a piece of land

4)(5 Points) A & B come to you wishing to start a C-Corporation. A has a piece of land with a 700,000 basis and a fair market value of 400,000. B has machinery worth 300,000 and a basis of zero. Would you suggest a 351 transaction? Why or why not?

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