Question 12 is the one needed.

ne adjusted of the property given up. O The FMV of the property received. The greater of the FMV or adjusted basis of the property given up. Mark for follow up Question 12 of 30. If a taxpayer receives more than one item of property in an exchange, how is basis allocated Unlike property up to its FMV, then like-kind property. O Like-kind property up to its FMV, then unlike property. Unlike property up to the recognized gain, then like-kind property. Like-kind property up to the recognized gain, then unlike property. Mark for follow up Question 13 of 30. Which of the following items increases the basis of property received in a partially nontaxable Cash paid in the exchange. Cash received in the exchange