Crystal's basis in her partnership interest is $293,000. In a proportionate distribution in liquidation of the partnership, Crystal receives $81,000 cash and two parcels of land with bases of $120,000 and $40,000, respectively, to the partnership. The partnership holds both parcels of land for investment, and the parcels have fair market values of $120,000 and $60,000 respectively.

A. Crystal's basis in the first property is ____________, and her basis in the second property is ______________.

B. If the land had been held as inventory, Crystal would have allocated basis of $120,000 and $40,000 to the inventory, and she would have realized and recognized a capital loss of _________________.