Evelyn Everest gave property to her mother Sharon when the adjusted basis of the property was \(\$ 12,000\) and the fair market value was \(\$ 80,000\). Sharon died eight months later when the property was valued at \(\$ 85,000\) and she left the property to Evelyn.

a. What is Evelyn's basis?

b. If Sharon had died more than a year after receiving the gift when the fair market value was \(\$ 85,000\), what would the basis have been to Evelyn?