. Agnes gives an asset valued at $12,000 with a basis of $10,000 to Mary; Agnes dies six-months later leaving an asset valued at $10,000 with a basis of $12,000 to Larry. What are Marys and Larrys bases in these assets?

a. Mary = $12,000; Larry = $12,000

b. Mary = $12,000; Larry = $10,000

c. Mary = $10,000; Larry = $12,000

d. Mary = $10,000; Larry = $10,000