o 12.3: Partner Z of the XYZ partnership receives a liquidating distribution of the following: Basis $40,000 $30,000 $50,000 $25,000 $45,000 FMV $40,000 $45,000 $45,000 $40,000 $10,000 Cash Inventory Unrealized Receiv Land Building . Z's basis in her partnership interest was $215,000. What is her gain or loss and the bases of the assets distributed to her