Sariya exchanges a vacant lot used for investment purposes for another parcel of land which is more suitable for parking for her customers in her business. Sariya's land has a fair market value of $200,000 and an adjusted basis of $80,000. The land she receives has a fair market value of $150,000 so she also receives $50,000 cash. Assume that Sariya's recognized gain from this transaction is $50,000. What is Sariya's basis for the new parcel of land?

a. $80,000

b. $130,000

c. $150,000

d. $200,000