Shicley formed an equal profit and loss Partnership with Deidre by contributing Land that had an Adjusted Basis of $80,000 and a Fair Market Value of $45,000. Shirloy also contributed $2,5,000 in Cash to the Parthership. Deidre contributed Land that had an Adjusted Basis of $48,000 and a Fair Market Value of $85,000. The Land contrnbuted by Shirtey had a debt against it of $17,000 and the Land conthbuted by Deidre had a debt against it of $23,000. Assuming no ocher transactions, the basis of Shirley's Partnership interest immediately afier the Partnership formation was: $88,000. $102,500. $82,000. $100,000