In 2009,Valerie Made a Gift of Stock (Basis of $113,000;fair

In 2009,Valerie made a gift of stock (basis of $113,000;fair market value of $413,000) to her grandson,Ryan.As a result of the transfer,Valerie paid a gift tax of $20,000.Ryan's income tax basis in the stock is:

A) $118,000 for gain or loss.
B) $128,000 for gain and $113,000 for loss.
C) $128,000 for gain or loss.
D) $133,000 for gain or loss.
E) None of the above.