Mr. and Mrs. Able have lived in California, a community property state, for all their married working lives. Which of these assets will get a full step-up in basis if Mrs. Able dies?

I. A variable annuity Mr. Able purchased for $100,000 in cash now worth $200,000 II. A 401(k) plan Mrs. Able has through work now worth $150,000 III. A home they purchased for $400,000 now worth $750,000 IV. A CD owned by Mrs. Able worth $100,000 V. A mutual fund purchased in joint names for $100,000 now worth $150,000

	A.	I, II, IV
	B.	II, III, IV, V
	C.	III, IV
	D.	III, V