Partners A and B form a partnership where each contribute $25,000 in cash. Partner A is a general partner, however, while Partner B is a limited partner. The partnership then borrows an additional$25,000 in the form of an unsecured note constituting a recourse liability to the partnership (so as to obtain a total of $75,000 in contributed and borrowed cash). What is each partner’s outside basis in the partnership immediately following the partnership’s acquisition of the$25,000 note?
 A. Partners A and B each have a basis of $25,000, equal to the cash they contributed. B. Partners A and B each have a basis of$37,500, equal to their $25,000 cash contributions plus their respective$12,500 shares of the partnership’s note. C. Partner A has a basis of $50,000 and Partner B has a basis of$25,000. D. Partner B has a basis of $50,000 and Partner A has a basis of$25,000.