Problem 1: In a nontaxable exchange, Henri traded in a truck having an adjusted basis of $8,500 and a FMV of $15,000, for a new truck having a FMV of $15,000. In addition, Henri paid cash of $5,000. What is Henri's basis in the new truck?
A. $5,000
B. $8,500
C. $13,500
D. $15,000