Required information [The following information applies to the questions displayed below.] Travis and Alix Weber are...

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Required information [The following information applies to the questions displayed below.] Travis and Alix Weber are equal partners in the Tralix Partnership, which does not have a 754 election in place. Alix sells one-half of her interest (25 percent) to Michael Tomei for $30,500 cash. Just before the sale, Alix's basis in her entire partnership interest is $75,600, including her $30,500 share of the partnership liabilities. Tralix's assets on the sale date are as follows: Cash Inventory Land held for investment Totals Tax Basis FMV $ 40,450 30,500 80,250 $ 40,450 92,000 50,200 $ 151,200 $ 182,650 b. What is Alix's basis in her remaining partnership interest? Basis Required information [The following information applies to the questions displayed below.] Travis and Alix Weber are equal partners in the Tralix Partnership, which does not have a 754 election in place. Alix sells one-half of her interest (25 percent) to Michael Tomei for $30,500 cash. Just before the sale, Alix's basis in her entire partnership interest is $75,600, including her $30,500 share of the partnership liabilities. Tralix's assets on the sale date are as follows: Cash Inventory Land held for investment Totals Tax Basis FMV $ 40,450 30,500 80,250 $ 40,450 92,000 50,200 $ 151,200 $ 182,650 b. What is Alix's basis in her remaining partnership interest? Basis