Davids basis in the Jimsoo Partnership is $53,000. In a proportionate liquidating distribution, David receives cash of $7,000 and two capital assets: (1) Land A with a fair market value of $20,000 and a basis to Jimsoo of $16,000, and (2) Land B with a fair market value of $10,000 and a basis to Jimsoo of $16,000. Jimsoo has no liabilities.

b. What is Davids basis in the distributed assets? (Round your intermediate and final answers to the nearest whole dollar amount.)

The answer 16000 is incorrect.