Marcus purchased a diamond ring for $$15,00010$ years ago. It was stolen in March this year. The ring was purchased to celebrate achieving a significant promotion at work. The FMV at the time of the theft was $$20,000.$ The ring was insured, and after the deductible, Marcus received $$19,000$ from the insurance company. Marcus replaced the ring with a new one for $$20,000.$ Under Section $1033,$ what is Marcus's new basis in the replacement ring?

A$)$

$$20,000$

B$)$

$$19,000$

C$)$

$$15,000$

D$)$

$$16,000$