Emeril purchased a duplex for $225,000 ($25,000 included for the land) on January 1, 2022. He uses one unit for his home and converted the other to a rental. The units are the same size. He installed a new central air conditioning unit on the rental side for $3,000 during the year. What is Emeril's basis in the rental? $101,500 $103,000 $203,000 $228,000