Davids basis in the Jimsoo Partnership is $63,500. In a proportionate liquidating distribution, David receives cash of $9,100 and two capital assets: (1) land 1 with a fair market value of $24,200 and a basis to Jimsoo of $19,150, and (2) land 2 with a fair market value of $11,575 and a basis to Jimsoo of $19,150. Jimsoo has no liabilities. b. What is Davids basis in the distributed assets? (Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.)

BASIS

Cash: $9,100

Land 1: ____________

Land 2: ____________