Emma and Rosemary each own an equal interest in a general partnership. Emma contributes to the partnership a building that has an adjusted basis of $25,000 and a fair market value of $90,000. The asset is subject to a mortgage of $30,000, which is assumed by the partnership. Rosemary contributes services with a FMV of $60,000 3. What is the basis of Emma immediately after formation? 4. What is the basis of Rosemary immediately after formation