Question: Koch traded Machine for Machine 2 when the fair market value of both machines was $60,000 Koch originally purchased Machine 1 for $76.200, and Machine

Koch traded Machine for Machine 2 when the fair market value of both machines was $60,000 Koch originally purchased Machine 1 for $76.200, and Machine Ts adjusted basis was $40,600 at the time of the exchange. Machine 2's seiler purchased it for $64.400 and Machine 2's adjusted basis was $55,600 at the time of the exchange. What is Kochs austed bass in machine 2 after the exchange? Multiple Choice 0 538.200 0 0 60.000 0 O None of the corect 0 O S40.500 0 $5.600

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