8. Ralph Elin contributed a plot of land to the partnership of Anduz and Elin. Elin's adjusted basis for this land was $50,000, and its fair market value was $75,000. Under the partnership agreement, Elin's capital account was credited with the full fair market value of the land. Anduz matched Elin's contribution with a $75,000 cash contribution to the partnership. Th us, each partner's capital account was credited with $75,000. Elin and Anduz share profits and losses equally. What is the adjusted basis of Elin's interest in the partnership? a. $25,000 b. $37,500 c. $50,000 d. $75,000