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Question 19 2 pts On September 24, 2020, Walter Whistler gave property with a fair market value of $65.000 to Jim Jacobs. Walter's adjusted basis

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Question 19 2 pts On September 24, 2020, Walter Whistler gave property with a fair market value of $65.000 to Jim Jacobs. Walter's adjusted basis in the property was $50.000 The taxable gift was $50.000 and gift taxes paid on the property were $10,000 What is im's basis in the property? 1.550.000 2. $52,000 3.$53,000 4.560.000 D 5. $65.000 Question 20

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