PLEASE SHOW WORK ! (answer is not 60,000)

Olivia, Kyle, and Andy formed a partnership in which they share all things equally. Kyle contributed an asset on wich there is a liability of $22,500, which was assumed by the partnership. Kyle's AB in the asset he contributed was $16,000 and the FMV of the asset on the date of contribution was $60,000. What is Kyle's outside basis immediately after the contribution? Select one: a. $45,000 b. $1,000 c. $16,000 d. $60,000