Laura owns a vacant lot used in her business. She exchanges it for a property with a small storage facility on it owned by Anne. The basis of Laura's vacant lot is $40,000. She gives Anne $20,000 cash plus the vacant lot in exchange for Anne's property, which is worth $36,000. Anne's basis in her original asset is $10,000. What is Laura's basis in the new asset? $60.000 $24.000 $40.000 $44.000