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help with this please Grinch purchased the following assets for $350,000. This was not a business acquisition 14. Grinch purchased the following assets for S3S0.000.

help with this please

Grinch purchased the following assets for $350,000. This was not a business acquisition

14. Grinch purchased the following assets for S3S0.000. Ihis was business acquisition. Description Land Building Furnishings & Fixtures Seller's Adiusted Basis 80.000 40.000 20,000 Fair Market Value 200.000 75.000 What is Grinch's approximate basis in the building?, _ a. sao.ooo b. $99,999 c. S177.215 d. S200,ooo

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