Required information [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: Basis Fair Market Value Maude: Cash Land Totals, $ 28,000 128,500 $ 156,500 $ 28,000 385,500 $ 413,500 "Nonrecourse liability secured by the land equals $175,500 Hiro, Harold, and Sofiya each contributed $238,000 in cash for a 25 percent profits and capital interest Note: Leave no answer blank. Enter zero if applicable. c. What tax basis do Hiro, Harold, and Sofiya have in their LLC interests? Hiro Tax basis Harold Sofiya