[The following information applies to the questions displayed below.) Joseph contributed $25,750 in cash and equipment with a tax basis of $14,800 and a fair market value of $19,500 to Berry Hill Partnership in exchange for a partnership interest. a. What is Joseph's outside basis? Tax basis Required information (The following information applies to the questions displayed below.) Joseph contributed $25,750 in cash and equipment with a tax basis of $14,800 and a fair market value of $19,500 to Berry Hill Partnership in exchange for a partnership interest. b. What is Berry Hill's inside basis in the equipment? Basis