Question 1 of 5 . Hakim contributed $30,000 of cash for a 40% interest in an architectural firm partnership. He also contributed a piece of equipment with an adjusted basis of $10,000, FMV of $15,000, and an attached liability of $8,000. What is Hakim's basis in partnership interest? $35,200$40,000$44,800$48.000 Mark for follow up