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Cora's basis in her partnership interest was $ 1 4 , 0 0 0 . She received a liquidating distribution of $ 2 , 0

Cora's basis in her partnership interest was $14,000. She received a liquidating distribution of $2,000 cash, inventory (basis to partnership, $1,500, value $3,700), and a machine worth $11,000 in which the partnership's basis was $3,500.(a) How much gain or loss does she have? (b) What's her basis in the inventory? (c) What's her basis in the machine?
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