65) Tyson is a 25percent partner in the KT Partnership. On January 1, KT makes a proportionate distribution of $16,000 cash, inventory with a $16,000 fair value (inside basis $8,000), and land with a fair value of $8,000 (inside basis of $12,000) to Tyson. KT has no liabilities at the date of the distribution. Tyson's basis in his KT Partnership interest is $24,000. What is Tyson's basis in the distributed inventory and land?

A) $8,000 inventory, $12,000 land.

B) $16,000 inventory, $8,000 land.

C) $0 inventory, $8,000 land.

D) $8,000 inventory, $0 land.

why the answer is D. please explain to me with whole calculation.

i know how to do is that step 1.16000+8000+12000=26000

step 2. 36000-24000=12000 to decrease

step 3. 12000 -8000=4000

step 4. 12000-4000=8000 to decrease.

but how to allocatethe 8000? i don't know how to do it further. i need detail calculation please. also when do the ratio ( I should use fair market value or basis value? when I should use different price to do ratio, please clarify for me. confused )