2. Mark and Windy are equal partners in WM Partnership. Marks basis in the partnership at the beginning of year is 160,000. He received current distribution his pro rate share of patnership assets:

Basis	FMV
Cash 200,000	200,000
Accounts receivable 0 Inventory 20,000 Equipment 150,000	60,000 95,000 355,000

1. Any gain or loss to () Mark (2) WM
2. Basis to Mark for of each assets received

Basis to Mark at the end of year