Tom is talking to his friend Bob, who has an interest in Freedom, LLC, about purchasing his LLC interest. Bob's outside basis in Freedom, LLC, is $14,000. This includes his $3,300 one-fourth share of the LLC's debt. Bob's 704(b) capital account is $21,000. If Tom bought Bob's LLC interest for $25,000, what would Tom's outside basis be in Freedom, LLC? Multiple Choice $14,000 $21,700 $25,000 $28,300