- d. $36,000 19. Susan's automobile, which is used exclusively in her trade or business, was damaged in an accident. The adjusted basis prior to the accident was $11,800. The fair market value before the accident was $10,000 and the fair market value after the accident is $6,000. Insurance proceeds of $3,200 are received. What is Susan's adjusted basis for the automobile after the casualty? a. $7,000 b. $0 c. $7,800 d. $10,200 in the business of buying and selling securities. Which of the following is a capital asset for Jim? Cake day of acquisition.