Pam has a $28,700 basis (including her share of debt) in her 50 percent partnership interest in the Meddoc Partnership before receiving any distributions. This year Meddoc makes a current distribution to Pam of a parcel of land with a $51,800 fair market value and a $34,300 basis to the partnership. The land is encumbered with a $15,700 mortgage (the partnership's only liability). What is Pam's basis in the land?