On January 1,2020, Deanza and Jacob form the DJ partnership. Deanza contributes $50,000 cash and a parcel of land (adjusted basis of $200,000; fair market value of $150,000) in exchange for her interest in the partnership. Jacob contributes equipment (adjusted basis of $180,000; fair market value of $200,000) in exchange for his partnership interest.

a. What is Deanzas outside basis in her partnership interest?

b. What is Jacobs outside basis in his partnership interest?