Dave LaCroix recently received a $10$ percent capital and profits interest in Cirque Capital LLC in exchange for consulting services he provided. If Cirque Capital had paid an outsider to provide the advice, it would have deducted the payment as compensation expense. Cirque Capital's balance sheet on the day Dave received his capital interest appears below:

$\backslash$table$[[,,$Fair Market$],[$Assets:$,$Basis,Value$],[$Cash$,$$$250,000,$$$250,000$