25. Paul Stanley transfers $20,000 in cash, Joe Sweitzer transfers machinery with an adjusted basis of $5,000 and a fair market value of $20,000, and David Raines transfers land with an adjusted basis of $10,000, a fair market value of $26,000, and subject to a mortgage of $6,000 in exchange for equal interests in the newly formed PJD partnership. What are the partners' initial adjusted bases in their partnership interests? What is the PJD partnership's basis in its assets