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Barker acquired a 5 0 % interest in Kode Partnership by contributing $ 2 0 , 0 0 0 cash and a building with an

Barker acquired a 50% interest in Kode Partnership by contributing $20,000 cash and a building with an adjusted basis of $26,000 and a fair market value of $42,000. The building was subject to a $10,000 mortgage, which was assumed by Kode. The other partners contributed cash only. The basis of Barker's interest in Kode is?

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