Question 70 of 75. vvnen Marcus' daughter went to college, he purchased a property near campus for $95,000 for her. At the time, the property tax assessment allocated 10% of the property value to the land. After his daughter graduated, marcus decided to keep the house for use as a rental. The fair market value at the time of the conversion was $140.000, but now the tax assessment allocated 35% to land value. The basis for depreciation O $85,500 O $91,000 O $95,000 O $140,000