! Required information [The following information applies to the questions displayed below.] Dave LaCroix recently received a 10 percent capital and profits interest in Cirque Capital LLC in exchange for consulting services he provided. If Cirque Capital had paid an outsider to provide the advice, it would have deducted the payment as compensation expense. Cirque Capital's balance sheet on the day Dave received his capital interest appears below: Assets: Cash Investments Land Basis $ 220,000 300,000 100,000 Fair Market Value $ 220,000 330,000 260,000 $ 810,000 Totals $ 620,000 Liabilities and capital: Nonrecourse liabilities $ 200,000 210,000 210,000 Totals $ 620,000 $ 810,000 Lance Robert* $ 200,000 305,000 305,000 *Assume that Lance's basis and Robert's basis in their LLC interests equal their tax basis capital accounts plus their respective shares of nonrecourse liabilities. (Leave no answer blank. Enter zero if applicable.) b. Compute each member's tax basis in his LLC interest immediately after Dave's receipt of his interest. Dave Tax basis Lance Robert