QUESTION 13 On November 15, 2018 Patti became a partner in ABC Partnership, an existing partnership valued at $150,000 on November 15, 2018. Patti received a 10% capital interest in ABC in exchange for legal services she provided to the partnership. ABC was valued at $200,000 on December 31, 2018. Both Patti and ABC are calendar year end taxpayers. Which of the following accur describes how Patti should treat this transaction in 2018? O Patti must recognize ordinary taxable income from ABC of $150,000. O Patti's basis in her ABC partnership interest is $200,000. O Patti basis in her ABC partnership interest is $0 O Patti must recognize ordinary taxable income from ABC of $15,000.