Greg, Josh, and Robin are equal partners in GJR Partnership. Robin sells his partnership interest to Kim for $110,000 cash. What is the amount of the optional basis step up to Kim's share of the partnership assets if the partnership elects a basis step-up pursuant to IRC sections 754 and 743(b)? GJR Partnership balance sheet for the year reads as follows: FMV Adjusted Basis Cash $150,000 $150,000 Inventory $93,000 $3,000 Land, capital asset $72,000 $60,000 Total $315,000 $213,000 Greg Capital $105,000 $71,000 Josh Capital $105,000 $71,000 Robin Capital $105,000 $71,000 Total $315,000 $213,000