Annas home was damaged by flood. Its fair market value before and after the flood are $125,000 and $75,000, respectively. Its adjusted basis was $90,000. Anna received $50,000 from her insurance company and she was able to have the house repaired for $40,000. What is the amount of Annas basis in the house after the repairs?

$ 40,000

$ 80,000

$ 90,000

$125,000