ANDY ACQUIRED A 20% INTEREST IN A PARTNERSHIP FOR CONTRIBUTING PROPERTY. AT THE TIME OF ANDY'S CONTRIBUTION PROPERTY HAD A FAIR MARKET VALUE OF 10,000, AN ADJUSTED BASIS TO ANDY OF 4000, AND SUBJECT TO A MORTGAGE OF 6,000. PAYMENT OF THE MORTGAGE WAS ASSUMED BY THE PARTNERSHIP. BASIS OF INTEREST IN THE PARTNERSHIP IS

(800)

0

800

2,000