On september 18, 2018, gerald received land and a building from frank as a gift. frank's adjusted basis and the fair market value at the date of the gift are as follows: assetadjusted basisfmv land$100,000$212,000 building80,000100,000 no gift tax was paid on the transfer. do not round any division. round your final answer to the nearest dollar. a. determine gerald's adjusted basis for the land and building? b. assume instead that the fair market value of the land was $87,000 and that of the building was $65,000. determine gerald's adjusted basis for the land and building.