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Mark and Bea form the equal MC partnership as part of a tax-deferred partnership formation. Mark contributes cash of $45,000 and Bea contributes land with

Mark and Bea form the equal MC partnership as part of a tax-deferred partnership formation. Mark contributes cash of $45,000 and Bea contributes land with an FMV of $45,000 and an adjusted basis of $33,000. What is Bea's basis for her partnership interest?

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