Check my work 21 Required information [The following information applies to the questions displayed below.] Part 2 of 4 Melissa, Nicole, and Ben are equal partners in the Opto Partnership (a calendar-year-end entity). Melissa decides she wants to exit the partnership and receives a proportionate distribution to liquidate her partnership interest on January 1. The partnership has no liabilities and holds the following assets as of January 1: 3.44 points Cash Accounts receivable Stock investment Land Totals Tax Basis $ 18,450 0 7,800 31,500 $ 57,750 FMV $ 18,450 24,600 12,750 39,000 $ 94,800 eBook Print References Melissa receives one-third of each of the partnership assets. She has a basis in her partnership interest of $25,975. (Leave no answer blank. Enter zero if applicable.) b. What is Melissa's basis in the distributed assets? Basis Cash $ 6,150 $ 0 Accounts receivable Stock investment Land