Brian received shares of stock in exchange for services that he provided to KWP Corp....
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Brian received shares of stock in exchange for services that he provided to KWP Corp. Since he recently began his own business, he was offering this service for $950, but the fair market value of the service was $1,050. The fair market value of the stock was $800 when he began the work, but had to $850 when he finished the job and the stock was transferred. What is Brian's basis in the KWP stock
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