Shirfey formed an equal profit and los\$ Partnership with Deidre by contributing Land that had an Adjusted Basis of $60,000 and a Fair Market Vatue of \$45,000. Shirley also contributed \$25,000 in Cash to the Partnership. Deidre contributed Land that had an Adjusted Basis of \$48,000 and a Fair Market Value of $85,000. The Land contributed by Shirley had a debt against it of $17,000 and the Land contributed by Deidre had a debt against it of $23,000. Assuming no other transactions, the basis of Shirley's Partnership Interest immediately after the Partnership formation was: $100,000. $102,500. $82,000. $88,000. QUESTION 21 Providence Corporation, a calendar year $ Corporation, has an Operating Loss of $200,000 and a Long-Term Capital Loss of $50,000 for the year of 2023. Curtis, an individual, owns thirty percent (30\%) of the stock of Providence Corporation and has a $27,000 basis in his stock at the beginning of the year of 2023. What amount of the Long-Term Capital Loss can Curtis deduct on his personal Federal Income Tax Return (Form 1040) for the year of 2023 ? $21,600. $27,000. $15,000. $5,400