Pablo has a $163,400 basis in his partnership interest. On May 9 of the current tax year, the partnership distributes to him, in a proportionate current distribution, cash of $65,360, cash basis receivables with an inside basis of $0 and a fair market value of $40,850, and land with a basis and fair market value to the partnership of $212,420.

If an amount is zero, enter "0".

a. How much is Pablo's realized and recognized gain on the distribution? Pablo has a realized gain on the distribution of ______ and a recognized gain of ________.

b. What is Pablo's basis in the receivables, land, and partnership interest following the distribution? The receivables have a basis of ________ and the land has a basis of ________ to Pablo. His basis in his partnership interest after the distribution is __________.