Kevin, Chuck, and Greg contributed assets to form KCG Partnership. Kevin contributed cash of $50,000 and a land basis of $80,000(fair market value of $50,000). Chuck contributed cash of $30,000 and land with a basis of $40,000(fair market value of $70,000). Greg contributed cash of $60,000 and a fully deprechiated property ($0basis) valued at $40,000. Which of the following tax treatments is not correct? a) Kevin's basis in his partnership interest is $130,000 b) Chuck's basis in his partnership interest is $100,000 c) Greg's basis in his partnership interest is $60,000 d) KCG has a basis of $80,000, $40,000, and $0, in the land and property (excluding cash) contributed by Kevin, Chuck, and Greg respectively. e) All of these above statements are correct