Mario et al. In 2017, Mario joined the MN partnerihip by contrithutipe land with a $30,000 basis and a 560,000 FMV, At the same time Ned joined the MN parterahip by contributing a machine with a $24,000 basis and a 560,000 FMV. On Jabuary 15. 2022, Mario has an outside basis of $17,000 and nene of hi pre-contribution gain has been rocognized. On- January 15, 2022. Net tas an oetsibe hasis of $12,000 and none of hie pre-contribution gain has been recognized On FMV of 564,000 and an AB (to die partnerabip) 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? uestion 22 (20 points) How much gain or loss must Mario recognize, if any, as a result of the distribution to Ved? How much gain or loss must Mario recognize, if any, as a result of the distribution to Question 22 (20 points) What is Mario's outside basis after the distribution to Ned? Question 23 (20 points) What is the partnership's basis in the machine after the distribution to Ned? Question 24 (20 points) A