! Required information Kevan, Jerry, and Dave formed Albee LLC. Jerry and Dave each contributed $245,000 in cash. Kevan contributed the following assets: Fair Market Value Basis Kevan: Cash Land* $ 15,000 120,000 $ 15,000 440,000 Totals $ 135,000 $ 455,000 *Nonrecourse liability secured by the land equals $210,000. Each member received a one-third capital and profits interest in the LLC. (Leave no answer blank. Enter zero if applicable. Do not round intermediate calculations.) e. Prepare a tax basis balance sheet for Albee LLC showing the tax capital accounts for the members. What is Kevan's share of the LLC's inside basis? (Enter any capital account with a debit balance as a negative amount.) f. If the lender holding the nonrecourse liability secured by Kevan's land required Kevan to guarantee 33.33 percent of the liability and Jerry to guarantee the remaining 66.67 percent of the liability when Albee LLC was formed, how much gain or loss will Kevan recognize? Gain or loss recognized g. If the lender holding the nonrecourse liability secured by Kevan's land required Kevan to guarantee 33.33 percent of the liability and Jerry to guarantee the remaining 66.67 percent of the liability when Albee LLC was formed, what are the members' tax bases in their LLC interests? Kevan Jerry Dave Tax basis