Samantha Exchanges a Truck Used in Her Business with Phyllis

Multiple Choice

Samantha exchanges a truck used in her business with Phyllis for another truck.The basis of Samantha's old truck is $25,000,FMV is $33,000,and she gives Phyllis cash of $7,000.Phyllis's basis in her truck is $35,000 and its FMV is $40,000.What is Samantha's adjusted basis in the new truck she receives?

A) $25,000.
B) $32,000.
C) $33,000.
D) $40,000.