Hello, I need help solving this accounting problem.

S eCampus: Home Content Connect X f (1) Facebook X G Grammarly C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmiddleware%252Fmhep.. G ili Apps Facebook Bookmarks MovieTube | Watc... Virtual Job Scout The 3-Bet | How T... D #01 The Strongest. Genius Types - Bu... I Top 10 Business P. Other Bookmarks Wk 5 - Apply: Application Assignment [due Day 7] @ Saved Help Save & Exit Submit 19 Erica and Brett decide to form their new motorcycle business as an LLC. Each will receive an equal profits (loss) interest by contributing cash, property, or both. In addition to the members' contributions, their LLC will obtain a $46,000 nonrecourse loan from First Bank at the time it is formed. Brett contributes cash of $4,200 and a building he bought as a storefront for the motorcycles. The building has a FMV of $41,000, an adjusted basis of $26,000, and is secured by a $31,000 nonrecourse mortgage that the LLC will assume. What is Brett's outside tax basis in his LLC interest? Multiple Choice O $33,500. O $35,200. O $38,500. O $40,200. i.......mmm Mc Graw Hill