Adam and Alyssa are equal partners in the PartiPilo Partnership. The partners formed the partnership three years ago by contributing cash. Prior to any distributions, the partners have the following bases in their partnership interests: On December 31 of the current year, the partnership makes a pro-rata operating distribution of: What is the amount of Adam's recognized gain or loss? QUESTION 8 Same facts as the prior problem, what is the amount of Alyssa's recognized gain or loss