Last year, Dina contributed land with a(n) $4,800 basis and a(n) $8,800 FMV in exchange for a(n) 40% profits, loss, and capital interest in the DT Partnership. Ted contributed land with a(n) $7,200 basis and a(n) $13,200 FMV for the remaining 60% interest in the partnership. During the current year, DT Partnership reported $5,000 of ordinary income and sold the land that Dina contributed for $16,800, thereby producing a taxable long-term capital gain of $12,000 ($16,800-$4,800). Requirement What income or gain must Dina and Ted report from the DT Partnership in the current year? What income or gain must Dina report from the DT Partnership in the current year? Income type Amount Total income - Dina