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Required information (The following information applies to the questions displayed be/ovv.j Bryce's basis in the Markit Partnership is $63,115. In a proportionate liquidating distribution,
Required information (The following information applies to the questions displayed be/ovv.j Bryce's basis in the Markit Partnership is $63,115. In a proportionate liquidating distribution, Bryce receives the following assets: Cash Land A Land 8 Tax Basis g, leo $ 9, laa $21,650 $47,475 $21,650 $27,2aa b. What is Bryce's basis in the distributed assets? (Round your intermediate and final answers to the nearest whole dollar amount.) Basis Land A Land B
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