Tom is talking to his friend Bob, who has an interest in Freedom, LLC, about purchasing his LLC interest. Bob's outside basis in Freedom, LLC is $13,000. This includes his $3,100 one-fourth share of the LLC's debt. Bob's 704 (b) capital account is $20,000. If Tom bought Bob's LLC interest for $23,000, what would Tom's outside basis be in Freedom, LLC?
A. 23,000
B. 26,100
C. 19,900
D. 13,000
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