Check my work Required information When High Horizon LLC was formed, Maude contributed the following assets in exchange for a 25 percent capital and profits interest in the LLC Part 2 of 5 Fair Market Value Basis 0.86 points Maude: Cash Land* 31,000 31,880 114,900 430, 75e $145,800 $461,750 Totals Skipped Nonrecourse debt secured by the land equals $186,000 eBook James, Harold, and Jenny each contributed $275,750 in cash for a 25 percent profits and capital interest. (Leave no answer blank. Enter zero if applicable.) Print References b. What is Maude's tax basis in her LLC interest? Tax basis