Problems in Distributions Problem 1 Lisa has a $ 25.000 basis in her partnership interest before receiving a current distribution of $ 4,000 cash and land with a $ 30,000 Fhwl'ull and a $ 14.030 basis to the partnership- Assume that any distribution involving Sec. 7'51 property is pro rata and that any preoontribution gains have been recognized before the distribution- a. Determine Lisa's recognized gain or loss. Lisa's basis in distributed property, and Lisa's ending basis in her partnership interest. b. How does your answer to Part a change if the partnership's basis in the land is $ 24.000 instead of $ 14.000? c. How does your answer to Part a change if Lisa receives :5 20,000 cash instead of $ 4,000 I along with the la nd}? cl. How does your answer to Part a change if, in addition to the cash and land, Lisa receives inventory with a $ 25,000 FM'U' and a $ 10.000 basis and receivables with a $ 3.000 Flv'llvf and a zero basis