On January 1 of the current year, Anna and Jason form an equal partnership. Anna contributes $50,000 cash and a parcel of land (adjusted basis of $200,000; fair market value of $150,000 ) in exchange for her interest in the partnership. Jason contributes property (adjusted basis of $180,000; fair market value of $200,000 ) in exchange for his partnership interest. Which of the following statements is true concerning the income tax results of this partnership formation? a. Jason recognizes a $20,000 gain on his property transfer. b. Jason has a $200,000 tax basis for his partnership interest. c. Anna has a $250,000 tax basis for her partnership interest. d. The partnership has a $150,000 adjusted basis in the land contributed by Anna