Henrietta transfers cash of $$116,400$ and equipment with a fair market value of $$34,920($basis to her as a sole proprietor, $$13,968)$ in exchange for a $40\%$ profit and loss interest worth $$151,320$ in the XYZ Partnership.

If an amount is zero, enter $"0".$

a$.$ Compute Henrietta's realized and recognized gains from the asset transfers.

Realized gain: $$

Recognized gain: $

b$.$ Compute Henrietta's basis in her interest in $xYZ.$

c$.$ What is XYZ$\text{'}$s basis in the equipment that it now holds?