Catherine's basis was $50,000 in the CAR Partnership just before she received a proportionate current (nonliquidating) distribution consisting of land held for investment with a basis to CAR of $40,000 (value of $60,000), and inventory with a basis of $40,000 (value of $40,000). After the distribution, Catherine's bases in the land and inventory are:

a.$25,000 (land); $25,000 (inventory).

b.$60,000 (land); $40,000 (inventory).

c.$10,000 (land); $40,000 (inventory).

d.$40,000 (land); $10,000 (inventory).

e.$40,000 (land); $40,000 (inventory).