Mark and Windy are equal partners in WM Partnership. Mark's basis in the partnership at the beginning of year is 180.000. He received current distribution his pro rate share of oarnership assets: + Cash Accounts receivable Inventory Equipment Basis 150,000 0 80,000 150,000 1 Any gain or loss to (1) Mark (2) WM 2 Basis to Mark for of each assets received 3 Basis to Mark at the end of year FMV 20,000 40,000 95,000 140,000 D