In 2017. Mario joined the MN partnerihip by contributing land with a $30,000 basis and a $60,000 FMV. At the same time Ned joined the MN purtoersbip by contributing a machine with a 524,000 basis and a $60,000 FMV. On January 15. 2022, Mario has an outvide basts of 517,000 and none of his pre-contribution gain has been recognized. On Jsenuary 15,2022 , Ned has an outaide basis of 512,000 and none of his pre-contribution gain bas been recognized. On January 15, 2022, Ned receives a current distribution of Mario's land. At the time of the distribution, the land has a FMV of 564,000 and an AB (to the partnership) of 530,000 . Question 19 (20 points) How much gain or loss must Ned recognize, if any, as a result of the distribution to him? Question 20 (20 points) What is Ned's outside basis after the distribution to him? Question 21 (20 points) What is Ned's basis in the land distributed to him? Question 22 ( 20 points) How much gain or loss must Mario recognize, if any, as a result of the distribution to Ned? Question 23 (20 points) What is Mario's outside basis after the distribution to Ned