Pf Sign Off Successful X 5 Question 8 - Chapter 21 x * Chap010_rev. 12 * J Travis and Alix Weber al X C 9 Travis And Alix Weber X C Coy And Matt Are Equa X + X C A ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fblackboard.strayer.edu%252Fwebapps%252... Q C Update : Apps Chapter 21 Homework i Saved Help Save & Exit Submit Check my work 8 Required information Part 3 of 4 [The following information applies to the questions displayed below.] Travis and Alix Weber are equal partners in the Tralix Partnership, which does not have a 9754 election in place. Alix sells one-half of her interest (25 percent) to Michael Tomei for $39,000 cash. Just before the sale, Alix's basis in her entire 0.93 partnership interest is $85,800, including her $39,000 share of the partnership liabilities. Tralix's assets on the sale date points are as follows: eBook Tax Basis FMV Print Cash $ 48, 100 $ 48, 100 References Inventory 39, 000 126, 000 Land held for investment 84, 500 53, 600 Totals $171, 600 $ 227, 700 c. What is Michael's basis in his partnership interest? Basis This is a numeric cell, so please enter numbers only Mc Graw Hill avascript