eBook Exercise 11-18 (a) (LO. 6) The River Pines LLP is equally owned by three partners and shows the following balance sheet at the end of the current tax year. Basis FMV Cash $318,000 $318,000 Unrealized receivables 0 192,000 Land 99,000 207,000 $417,000 $717,000 $239,000 Albeira, capital Azana, capital Arthur, capital $139,000 139,000 239,000 239,000 139,000 $417,000 $717,000 Partner Azana is an active (i.e., "general") partner retiring from the service-oriented partnership. She receives $290,000 cash, none of which is stated to be for goodwill. a. How much of the payment is for "unstated goodwill?" The distribution results in "unstated goodwill of $ 79,000 X b. How is the $290,000 allocated between a $ 736(a) income payment and a 5736( property payment? The $290,000 cash payment is allocated as follows: $ 736(a) income payment: $ $ 736(b) property payment: $ Chede My Work