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Parent gave securities with an adjusted basis of $ 1 0 , 0 0 0 and fair market value of $ 9 , 0 0

Parent gave securities with an adjusted basis of $10,000 and fair market value of $9,000 to a child. Later the child sold the securities for $7,000. What is the child's basis for the securities sold?
A. $10,000
B. $9,000
C. $7,000
D. $0
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