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Koch traded machine for machine 2 Koch originally purchased machine 1 for $75, 300 and machine 1's adjusted was $40, 150 at the time of

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Koch traded machine for machine 2 Koch originally purchased machine 1 for $75, 300 and machine 1's adjusted was $40, 150 at the time of the exchange Machine 2's seller purchased it for $64, 850 and machine 2's adjusted basis was $5, 150 at the time of the exchange. What is Koch's adjusted basis in machine 2 after basis the exchange? $49, 850 $75, 300 $40, 150 None of the choices are correct $55, 150

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