Question: Risa exchanges an office building with a $600,000 adjusted basis for an apartment building with a $1,000,000 FMV and $200,000 of marketable securities. What is

Risa exchanges an office building with a $600,000 adjusted basis for an apartment building with a $1,000,000 FMV and $200,000 of marketable securities. What is Risa's basis for the apartment building?

A) $600,000

B) $800,000

C) $1,000,000

D) $400,000

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