In 2018, stone, a cash basis taxpayer, incorporated her cpa practice. no liabilities were transferred. the following assets were transferred to the corporation: cash (checking account) $ 500 computer equipment adjusted basis 30,000 fair market value 34,000 cost 40,000 immediately after the transfer, stone owned 100% of the corporation's stock. the corporation's total basis for the transferred assets is group of answer choices

$30,000
$30,500
$34,500
$40,500

One of the growers is excited by this advancement because now he can sell more crops, which he believes will increase revenue in this market. as an economics student, you can use elasticities to determine whether this change in price will lead to an increase or decrease in total revenue in this market. using the midpoint method, the price elasticity of demand for soybeans between the prices of $5 and $4 per bushel is , which means demand is between these two points. therefore, you would tell the grower that his claim is because total revenue will as a result of the technological advancement.