At the beginning of the tax year, Melodie's basis in the MIP LLCwas $88,000, including her $57,200 share of the LLC's liabilities.At the end of the year, MIP distributed to Melodie cash of $13,200a a. If this is a proportionate current distribution, what is the tax effect of the distribution to Melodie and MIP? After the distribution, what is Melodie's basis in the inventory and in her MIP inter 2 answers