Husband and Wife divorced on January 1, 20X1. Pursuant to the divorce agreement, husband transferred a car on July 1, 20X3 and a piano on July 1, 20X7. On the date of the transfer, the car's FMV was $5,000 (husband's basis was $12,000) and the piano's FMV was $7,000 (husband's basis was $6,000). What is Wife's basis in both properties? Select one: 

a. Her basis in the car was $12,000 and the piano was $6,000 

b. Her basis in the car was $12,000 and the piano was $7,000 

c. Her basis in the car was $5,000 and the piano was $7,000 

d. Her basis in the car was $5,000 and the piano was $6,000

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