Beginning 2020, A / B partnership had two partners, A and B who own a 50% interest in the capital and profits/losses. Each had an outside basis in their partnership interest of 10,000. For the 2020 year. A / B partnership has 10,000 in ordinary income2,000 in capital gains, and $ 2,000 of 1231 loss. Additionally , A / B distributed S12,000 cash and inventory with a FMV of 5.000 and inside basis of 2,000, to each partner during 2020. Fully calculate the tax consequences of these events, including each partner's outside basis entering 2021.