4 pts 6. Brian, a 30% partner in BDJ Partnership, contributed land to the partnership in exchange for his partnership interest when the partnership was formed. At the time, his basis in the land was $40,000 and its FMV was $130,000. Three years after the partnership was formed, BDJ Partnership decided to sell the land to an unrelated party for $160,000. When the land is sold, how much of the gain should be allocated to each partner of BDJ Partnership if Darby and Jake are each 35% partner 6 pts