Bobbie Exchanges Farmland (Adjusted Basis $160,000) for Other Farmland That

Bobbie exchanges farmland (adjusted basis $160,000) for other farmland that has a FMV of $140,000. Bobbie also receives $30,000 cash. Bobbie's basis in the new farmland is

A) $160,000.
B) $130,000.
C) $170,000.
D) $140,000.