U O UUyui ul Fuar property who is granted forbearance status due to An owner of a property whose fair market value is below the loan amount Mark for follow up Question 30 of 75. Reva originally sold her principal residence in an installment sale for $150,000. Her adjusted basis in the home was $110,000 at that time. Three years later, she repossessed the home from the buyer when the balance of the note was $135,000. She resold it within one year for $160,000. Original sale expenses were $3,750, and resale expenses were $4,000. Repossession costs were $3,800. She incurred $3.200 for improvements prior to the resale. What is Reva's basis in the repossessed property? O $113,200 O $113,800 O $117,750 O $124,750 Mark for follow up Question 31 of 75. The source of law governing foreclosures is the O Uniform Commercial Code. O State of residence for the seller of the property. where the foreclosure takes place