tobin inherited 100 acres of land on the death of his father in 2022. a federal estate tax return was filed and the land was valued at $300,000 (its fair market value at the date of the death). tobin's father originally acquired the land in 1981 for $19,000 and prior to his death made permanent improvements of $6,000. what is tobin's basis in the land? a.$25,000 b.$19,000 c.$300,000 d.$325,000
