AaBCCD kallbeedde AaBb and code Abbie Accade 1 Blog 2 Tit fabeth E * Karli owns 25% capital and profits interest in the calendar_your KIDV Partnership Her adjusted basis for her partnership interest on July 1 of the current year is $300,000. On that date, she receives a proportionate content (nonliquidating) distribution of the following sets Cash Tentory Landheld for investment Pere Bin At $120,000 70.000 130,000 Amet's Fair Mark Valur $120,000 80,000 150OURI Calculate Karl's recognized gain or loss on the distribution, if any. 1. Calculate Karlsbasis in the investory received Calculate Karti's basista land received. The land is a capitalet 4. Calculate Kartibus for her parte interest after the distribution