42,Melissa and Herman decide to form a consulting business as a partnership. Each will receive an equal profits (loss) interest by contributing cash, property, or both. In addition to the members' contributions, the partnership will obtain a $50,000 nonrecourse loan from PNC Bank at the time it is formed. Herman contributes cash of $5,000 and a building.. The building has a FMV of $45,000, an adjusted basis of $30,000, and is secured by a $35,000 nonrecourse mortgage that the business partnership will assume. What is Herman's outside tax basis in his partnership interest?

		a, $37,500
		b. $40,000
		c. $42,500
		d. $45,000