Last year, Cara contributed investment land with a FMV of $24,000 and basis of $18,000 to the CDE Partnership. CDE made no distributions during the last year, and Caras basis in her partnership interest on December 31 of last year was $28,000. On January 1 of this year, the partnership distributed cash of $30,000 to Cara and distributed the land contributed by Cara to another partner, David. On the distribution date, the land had a $27,000 FMV. Assume the CDE Partnership reported no profit or loss this year. What are the tax consequences of the distributions to the partners? I NEED DAVID'S BASIS