Juanita operates a consulting business. She has a computer (asset class 00.12) with a FMV of $2,300 and an adjusted basis of $1,000. Juanita trades the computer and $1,200 cash for Wanda's printer (also asset class 00.12). The printer has a FMV of $3,500, and Wanda's adjusted basis in the machine is $2,000. What is Juanita's substituted basis in property received?

a. $0

b. $2,200

c. $1,500

d. $1,300

e. $3,500