Question 6 of 35 . Karen spent a total of $120,000 to purchase a business, Including $20,000 in legal fees for the preparation of the sales contract, and $100,000 paid to the seller. She received a building with a fair market value (FMV) of $80,000, land with an FMV $80,000 building: $10,000 land; $10,000 furniture and fixtures. $90,000 building: $15,000 land; $15,000 furniture and fixtures. $96,000 building: $12,000 land; $12,000 furniture and fixtures. $100,000 building: $10,000 land; $10,000 furniture and fixtures