Partner has a basis of $70,000 and receives a cash distribution of $20,000, inventory with FMV of $30,000 (basis of $15,000 ) and a distribution of equipment with FMV of $20,000 and basis to the LLC of $13,000. The partner is liquidating their partnership interest. When this distribution is complete, what is the partner's basis in partnership? a. Zero b. $10,000 c. $35,000 d. $15,000 e. $22,000 f. $100 g. $5,000 h. $1,000