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Question 29 of 75. A partner's outside basis in a partnership will generally equal their O Book capital account plus their share of liabilities. O

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Question 29 of 75. A partner's outside basis in a partnership will generally equal their O Book capital account plus their share of liabilities. O Book capital account plus their share of recourse liabilities. O Tax capital account plus their share of liabilities. Tax capital account plus their share of recourse liabilities. Mark for follow up Question 30 of 75. Marcus is a general partner who owns a 50% interest in Barron Enterprises. Malcolm is a limited partner who owns 50%. The partnership has $50,000 in recourse liabilities and $30,000 in nonrecourse liabilities. What is Marcus' total share of liabilities? O $40,000 O $50,000 O $65,000 O $80,000 Mark for follow up

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