Shawna purchased a crypto coin in August 2020 for $2500. In September 2021, she bought...

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Accounting

Shawna purchased a crypto coin in August 2020 for $2500. In September 2021, she bought a used car with the coin. At the time, the fair market value FMV of the coin was $3750. What is Shawna's basis in the car?
a: $0
b: $2,500
c: $3,750
d: $6,250

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