During 2016,Jimmy Incorporates His Data Processing Business

During 2016,Jimmy incorporates his data processing business.Jimmy is the sole shareholder.The following assets are transferred to the corporation:
Cash $2,000
Computer Equipment:
Fair market value 20,000
Adjusted basis 12,000
Original cost 24,000
Furniture:
Fair market value 20,000
Adjusted basis 32,000
Original cost 64,000
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What will be the basis of the assets to the corporation after the transfer?
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Computer Equipment Furniture

A) $20,000 $20,000
B) $12,000 $20,000
C) $20,000 $32,000
D) $12,000 $32,000
E) $24,000 $64,000