22- Ron and Willie form the equal RW Partnership. Ron contributes cash of $50,000 and Willie contributes land with a fair market value of $70,000 and adjusted basis of $35,000. The land has a $20,000 recourse mortgage attached to it that is assumed by RW Partnership. What basis does Ron and Willie have in their partnership interests? Ron O $50,000 O $60,000 O $50,000 O $60,000 Willie $45,000 $45,000 $25,000 $25,000