Nick and Sam purchased a property as joint tenants for $600,000. The vale of property at the time of Sam's death was $880,000. Which of the following is true? Nick will receive full ownership of the property with an adjusted cost base of $880,000. Sam's ownership in the property will be distributed according to his estate. Nick will receive full ownership of the property with an adjusted cost base of $740,000. Sam's ownership interest will transfer into a inter vivos trust