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Henrietta transfers cash of $75,000 and equipment with a fair market value of y $25,000 (basis to her as a sole proprietor, $10,000) in exchange

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Henrietta transfers cash of $75,000 and equipment with a fair market value of y $25,000 (basis to her as a sole proprietor, $10,000) in exchange for a 40% profit and loss interest worth $100,000. How much are Henriettas realized and recognized gains? What is the amount of Henriettas basis in her partnership interest? What is the partnerships basis in the contributed equipment

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