Required Information Problem 09-42 (LO 09-2) (Algo) [The following Information applies to the questions displayed below.] When High Horizon LLC was formed, Maude contributed the following assets in exchange for a 25 percent capital and profits Interest in the LLC: *Nonrecourse llability secured by the land equals $167,500 Hiro, Harold, and Sofiya each contributed $245,750 in cash for a 25 percent profits and capltal interest. Note: Leave no answer blank. Enter zero if appllcable. Problem 09-42 Part b (Algo) b. What is Maude's tax basis in her LLC Interest? Answer is complete but not entirely correct