Return to question 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 $32,000 cash. Just before the sale, Alix's basis in her entire partnership interest is $77400, including her $32,000 share of the partnership liabilities. Tralix's assets on the sale date are as follows Part 3 of 4 Tax Basis 1.05 points FMV Cash Inventory Land held for investment Totals $ 41,80e $ 41,80e 32,0 98,0e 81,000 2995e,80e Skipped $154,80a $190,600 c. What is Michael's basis in his partnership interest? Answer is not complete