Mona Lisa purchased business assets from Judy Jacob for $1,000,000 in 2020. Judy Jacobs records showed Judy Jacobs adjusted tax basis and an appraiser provided her with the Fair Market Value (FMV) on date of acquisition regarding the assets purchased: Adjusted Basis FMV Land $195,000 $270,000 Building 310,000 450,000 Equipment 95,000 180,000 What is Mona Lisas adjusted tax basis for the land, building, and equipment?

a. Land $270,000, building $450,000, equipment $180,000.

b. Land $195,000, building $450,000, equipment $180,000.

c. Land $195,000, building $310,000, equipment $95,000.

d. Land $270,000, building $521,429, equipment $208,571.

e. None of the above.