Melinda passed away on June 5, 2023 and left her entire estate, worth $20 million on the date of Melindas death, to her son, Barry. At the time of Melinda's death, her total adjusted basis in the assets in her estate was $14 million. The value of the estate dropped to $18.1 million by December 5, 2023 (six months after Melindas death), so Melindas attorney elected to use alternate valuation for estate tax purposes. The assets were also legally transferred to Barry on December 5th. What is Barry's basis in the inherited assets?

$14 million

$18.1 million

$20 million

$0