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3 7 ) Tom is talking to his friend Bob, who has an interest in Freedom, LLC , about purchasing his LLC interest. Bob's outside

37) Tom is talking to his friend Bob, who has an interest in Freedom, LLC, about purchasing his LLC interest. Bob's outside basis in Freedom, LLC, is $10,000. This includes his $2,500 one-fourth share of the LLC's debt. Bob's 704(b) capital account is $17,000. If Tom bought Bob's LLC interest for $17,000, what would Tom's outside basis be in Freedom, LLC?
A) $10,000
B) $14,500
C) $17,000
D) $19,500

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