Gerald received a one-third capital and profit (loss) interest in XYZ Limited Partnership (LP). In exchange for this interest, Gerald contributed a building with a fair market value of $30,000. His adjusted basis in the building was $15,000. Javier contributed cash of $60,000 for the remaining two-third capital and profit (loss) interest in XYZ LP. What is Gerald's $704(b) capital account balance? Multiple Choice $30,000 a $60.000 O O $0 O $15,000