Nicky's basis in her partnership interest was $150,000, including her $40,000 share of partnership liabilities. The partnership decides to liquidate, and after repaying all liabilities, distributes all remaining assets proportionately to the partners. Nicky receives $30,000 cash and inventory with a $50,000 basis and a $58,000 fair market value to the partnership. What loss does Nicky recognize, and what is her basis in the inventory?

a.$22,000 loss; $58,000 basis. b.$70,000 loss; $50,000 basis. c.$0 loss; $80,000 basis. d.$30,000 loss; $50,000 basis.