Pam has a $32,300 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 $52,000 fair market value and a $36,600 basis to the partnership. The land is encumbered with a $14,800 mortgage (the partnerships only liability).

b. What is Pams basis in the land?

c. What is Pams remaining basis in her partnership interest?