part a,b,c,d,e,f,g pls!!!

Liz and Johth formed the equal U Partnership on January 1 of the current year, Liz contributad $80,000 of cahh and land with a fair market. value of $90,000 and an adjusted basis of $75,000. John contributed equipment with a tair market value of $170,000 and an adjusted besis of $20,000. lohin had used the equipment in his sole proprietership: If an amount is zero, enter " 0 ". a. How much gain or loss will tiz, John, and the parthership realize? Liz recognizes 5 John recognizes 3 The parthership recognizes 1 c. What tax bases will Lz and John take in their partnership interests? Lix's basis in the parthership is 1 , and Jahn's basis is 4 in his partnership interese. d. What 5704(b) book basis will Liz and John take in their parthership interests? 6. What bases will the partnership take in the arsets it receives? The partherahip will take as basis in all the assets it receives. f. Are there any differences between inside bosis and outside basis? Each parther's basis in the partnership interest is referred to as. basis. The adjutted besis of each partsership arsec? as determined from the partnership's tax accounts is reforred to as basis. What is the amourt of the parthers' inside basis? What is the amount of the parthers' outside besis? 4 9. How will the partnership deprecoote any sssets it receives from the partners? Select tes" of No'; whichever is appicable. The partherstip wit "erep into laher's shoes" in determining its depreciation expense The partnerstip may choose its own useful life and deprecution method