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Kevin own 20% of Falcon Partnership His outside basis is $20.000 which includes $3,000, his debt share of the Partnership Kevin's 704(b) capital necount is

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Kevin own 20% of Falcon Partnership His outside basis is $20.000 which includes $3,000, his debt share of the Partnership Kevin's 704(b) capital necount is $25,000 If Danny purchased Kevin's entire interest for $21,000, what es Danny's outside basis in the Partnership after the transaction O A $20.000 O 1.521,000 OC. $23,000 D. $24,000 O E $25.000

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