David Gave Property with a Basis of $133,000 to Hannah

Question 63
Multiple Choice

David gave property with a basis of $133,000 to Hannah when the property had a FMV of $100,000 and paid gift taxes of $8,000.If Hannah later sells the property for $140,000,Hannah's basis (to determine gain)in the property immediately before the sale is A)$100,000. B)$108,000. C)$133,000. D)$141,000.