1. ABC. is an equal partnership that has made 3 754 election. On January 1, of this year, A's outside basis is $2100 and the partnership's balance sheet is as follows (expanded to include fair market values (000's omitted)): Assets Liabilities & Capitai AB/Book m Liabilities Cash $3000 $3000 $1500 Accts Rec. 0 300 Inventory 300 600 Blackacre 1500 1200 Whiteacre 600 1200 Greenacre E m 'Ibtal $6300 $7800 Capital Accounts Tax/Book m A $1600 $2100 B 1600 2100 C M m Total $4800 $6300 On this date, the partnership makes the following alternative distributions in liquidation of A's interest in the partnership. Please determine the basis that A takes in each of the assets she receives, and the adjustments (if any) that the partnership must make to the each of its retained assets. Areceives $600 cash, the accounts receivable and Blackacre. A receives $600 cash, 1,4 the inventory, and Whiteacre. Areceives $300 cash, the accounts receivables, and Greenacre. A receives $1800 in cash and the receivables. P'PP'P