Problem 21-46 (LO 21-4) (Algo) [The following information applies to the questions displayed below.] The Taurin Partnership (a calendar-year-end entity) has the following assets as of December 31 of the current year: Tax Basis Cash $ 49,320 Accounts receivable. Inventory 16,440 86,400 FMV $ 49,320 32,880 127,560 Totals $ 152,160 $ 209,760 On December 31, Taurin distributes $16,440 of cash, $10,960 (FMV) of accounts receivable, and $42,520 (FMV) of inventory to Emma (a one-third partner) in termination of her partnership interest. Emma's basis in her partnership interest immediately prior to the distribution is $43,180. Problem 21-46 Part b (Algo) b. What is Emma's basis in the distributed assets? (Round your intermediate and final answers to the nearest whole dollar amount.) Cash Accounts receivable Inventory Basis $ 16,440