Henrietta transfers cash of $99,600 and equipment with a fair market value of $29,880 (basis to her as a sole proprietor, $11,952) in exchange for a 40% profit and loss interest worth $129,480 in a partnership. If an amount is zero, enter "0".

a. How much are Henrietta's realized and recognized gains? Realized gain: $ Recognized gain: $

b. What is the amount of Henrietta's basis in her partnership interest? $

c. What is the partnership's basis in the contributed equipment? $