During 2021, karen acquired property consisting of an apartment building and the land on which the apartment building is located for $800,000. she plans to rent the apartment building to unrelated tenants. Because she had recently completed a federal income tax course at college, she knew that she could claim depreciation deductions on the apartment building, but not on the land. Therefore, he had the property appraised so that he could determine his initial tax basis in each asset. she learned that the appraised value of the land is $800,000 and the appraised value of the apartment building is $200,000. What initial tax basis will karen take in the land and in the apartment building?

a. $500,000 in the land, and $500,000 in the apartment building

b. $800,000 in the land, and $200,000 in the apartment building

c. $600,000 in the land, and $200,000 in the apartment building

\d. $800,000 in the land, and $0 in the apartment building

e. $640,000 in the land, and $160,000 in the apartment building