In 2023, JB Corp closed many of its factories, and Cathlene lost her job. Without her former salary, she is unable to pay many of her monthly expenses. Cathlene has a basis of $250,000 in her home with a mortgage of $210,000. Cathlene works with her mortgage lender to get a decrease in her mortgage to $160,000. The fair market value at the time of the mortgage reduction is $290,000. What is Cathlene's basis in her home after applying exclusion provisions (if any)? a. $200,000 b. $50,000 c. $250,000 d. $290,000