Depreciation claimed. Cash received in an exchange. Mark for follow up Question 2 of 30. Which of these items decreases basis in an asset? The cost of capital improvements The cost of restoration after a casualty. Depreciation claimed. O Cash paid in an exchange. Mark for follow up Question 3 of 30. Brenda purchased a business for $120,000 and received a building, FMV $80,000; land, FMV $10,000; and furniture and fixtures, FMVS of these items? $82,500 building: $12,500 land: $35,000 funiture and fotures O$88,750 building: $11,250 land, $30,000 fturniture and fodures $80,000 building, $10,000 land; $30,000 furniture and fidtures. $86,667 building, $10,833 land $32,500 furniture and fotures Mark for follow up Question 4 of 30. Derek purchased an office building in 2017 for $150,000 (including land value of $35,000). Which of the following items decreases his ba- $1,500 cost of lawn maintenance. $4,300 depreciation claimed $5,000 spent to repair roof damage from a hailstorm. $3.000 assessment by Derek's local government for extending water lines to the property Mark for follow up