Exercise 4-23 (Algorithmic) (LO. 1, 2) Yvonne and Simon form Ion Corporation. Yvonne transfers equipment with a basis of $246,000 and fair market value of $369,000 to lon Corporation. Simon Invests $295,200 of cash. They each receive 100 shares in Ion Corporation worth $295,200, but Yvonne also receives $73,800 in cash from Ion. Calculate Ion Corporation's basis in the equipment and determine Yvonne and Simon's basis in the lon stock. Con Corporation has a basis of s basis of $ in the equipment. Yvonne has a basis of s for his stock for her stock and Simon has a