Marty awned a cottage in Put in-Bay, OH with his dxughter Emily. He purchased the property for $900 , 000 in 2001 , contributing 1000 af the funds, and titied it JTWROS with Emily to avoid probate when he died. Assuming Marty dies firt, and the cottage is worth $2.200.000 when he dies, what is Emily's new cost basis in the property? vin 0000 51.100.000 52.200500 10.