Shirley formed an equal profit and loss Partnership with Deidre by contributing Land that had an Adjusted Basis of $60,000 and a Fair Market Value 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. $88,000. $102,500. $82,000