Repossessions and Foreclosures Question 29 of 50 Morgandy originally sold her home for $125.750 when her adjusted basis in the home www . Two years later, she repossessed the home when the balance of the note was $100,000. She resold within one year for 600 sale expenses were $2.750, and resale expenses were $3,000. Repossession costs were 12.476. She 200 for improvements prior to the resale. What is Morgandy's recomputed adjusted basis? O $100.625 O $100,000 O $102.750 O $100,700 D Mark for follow up Question 32 of 50. Dalip originally sold his home for $100,000. At that time, his adjusted basis in the home was $103,000. Six years later, he repossessed the home when the balance of the note was $95,000. He resold it within one year for $109,000. Original sale expenses were $2,510, and resale expenses were $1,050. Repossession costs were $2,250. He incurred $1,500 for improvements prior to the resale. What is Dalip's recomputed gain? O $3,690 O $7,700