Feld, the sole stockholder of Maki Corp., paid $50,000 for Maki's stock in 2010. In 2019, Feld contributed a parcel of land to Maki but was not given any additional stock for this contribution. Feld's basis for the land was $10,000, and its fair market value was $18,000 on the date of the transfer of title. What is Feld's adjusted basis for the Maki stock? A. $50,000B. $52,000C. $60,000D. $68,000
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