Mary is a partner in the Benson Partnership. At the close of the current year, Mary's basis in the partnership is $23,000. At that time, the partnership makes an operating (non-liquidating) distribution to each partner of cash of $6,000 and land with a basis of $4,000 to the partnership and a fair market value of $7,000 to each partner. What is Mary's basis in the land received in the distribution? 1) $0 2) $4.000 3) $7,000 4) $17.000