Respuesta :
Answer:
option (b) $35,556
Explanation:
Given:
Cost of purchase of assets = $200,000
Asset       Adjusted Basis     Fair Market Value
Inventory    $25,000            $50,000
Equipment  $60,000            $40,000
Supplies    $20,000            $20,000
Building     $80,000            $95,000
Land       $10,000            $20,000
Total       $195,000           $225,000
Now,
since, fair market value is greater than Basis,
Percentage FMV on Equipment =[tex]\frac{\textup{FMV for equipment}}{\textup{Total FMV}}\times100\%[/tex]
⇒ Percentage FMV on Equipment = [tex]\frac{\$40,000}{\textup{225,000}}\times100\%[/tex]
= 17.77%
thus,
Nanci's basis in the equipment = Percentage FMV × Assets
= 17.77% × $200,000
= $35,555.56  ≈ $35,556
Hence,
The correct answer is option (b) $35,556
