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Required information Kevan, Jerry, and Dave formed Albee Lle. Jerry and Dave each contributed $245,000 in cash Kevan contributed the following assets: Nonrecourse liability secured

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Required information Kevan, Jerry, and Dave formed Albee Lle. Jerry and Dave each contributed $245,000 in cash Kevan contributed the following assets: "Nonrecourse liability secured by the land equals $210,000. Each member recelved a one-third capital and profits interest in the LLC. Note: Leave no answer blank. Enter zero if applicable. Round to the nearest whole thousand. Prepare a tax basis balance sheet for Albee LLC showing the tax capital accounts for the members. What is Kevan's thare of the LC's inside basis? lote: Enter any capital account with a debit balance os a negative amount. e. Prepare a tax basis balance sheet for Albe LLC showing the tax capital accounts for the members. What is Kevan's share of the LLC's inside basis? Note: Enter any capital account with o debit balance as a negative amount

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