Travis and Andy agree to go into business together selling old comic books and records. According to the agreement, Travis will contribute inventory valued at $200,000 in return for 80 percent of the stock in the corporation. Travis's tax basis in the inventory is $100,000. Andy will receive 20 percent of the stock in return for providing accounting services to the corporation (these qualify as organizational expenditures). The accounting services are valued at $50,000. Required:
a. What amount of income, gain or loss does Jim realize on the formation of the corporation?
b. What amount of gain or loss, if any, does he recognize?
c. What is Jim's tax basis in the stock he receives in return for his contribution of services to the corporation?

Cis te correct i think i c idk but i think it is c

$527.7.if the following was the question  $527.7 is the answer.students who are trying to raise funds have an agreement with a local pizza chain. the chain has agreed to sell them pizzas at a discount, which the students can then resell to families in the local community for a profit. it is expected that of the 500 families in the community, at most 70% will buy pizza. based on a survey of their personal preferences, the students believe that they should order no more than 120 cheese pizzas, no more than 150 pepperoni pizzas, and no more than 100 vegetarian pizzas. they also want to make sure that at least 20% of the total pizzas are cheese and at least 50% of the pizzas are pepperoni. they make a profit of $1.45, $1.75, and $1.98, respectively, for each cheese, pepperoni, and vegetarian pizza they resell. how many pizzas of each type should they buy?