Megan's basis was $120,000 in the MYP Partnership interest just before she received a proportionate nonliquidating distribution consisting of land held for investment (basis of $100,000, FMV of $130,000) and inventory (basis of $80,000 and FMV of $70,000). After the distribution, Megan's basis in the land and inventory are, respectively:

a. $100,000 (land) and $20,000 (inventory)

b. $120,000 (land) and $0 (inventory)

c. $50,000 (land) and $70,000 (inventory)

d. $40,000 (land) and $80,000 (inventory)

e. None of the above