Question: Chris Anderson transfers $20246 in cash, Meg Kunis transfers machinery with an adjusted basis of $5353 and a fair market value of $20246, and Stewie Combs transfers land with an adjusted basis of $10368, a fair market value of $26027, and subject to a mortgage of $5781 in exchange for equal interests in the newly formed CMS partnership. What is the CMS partnership's basis in the machinery transferred by Meg? Question Answer a. $20246 b. $16149 c. $5353 d. $7280 e. $15659