Question: Rania contributed equipment worth $ 2 0 0 , 0 0 0 , purchased 1 0 months ago for $ 2 5 0 , 0

Rania contributed equipment worth $200,000, purchased 10 months ago for $250,000, to Sand Creek LLC in exchange for a 15% profits and capital interest. She guaranteed all $15,000 of the LLCs accounts payable but did not guarantee any portion of a $100,000 nonrecourse mortgage on the LLCs office building.
a) What is Ranias initial tax basis in her LLC interest?
A. $250,000
B. $265,000
C. $280,000
D. $200,000

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