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Required information

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:

On December $31,$ Taurin distributes $$16,360$ of cash, $$10,907($FMV$)$ of accounts receivable, and $$42,380($FMV$)$ 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 $$43,003.$

Problem $21-46$ Part b $($Algo$)$

b$.$ What is Emma's basis in the distributed assets?

Note: Round your intermediate and final answers to the nearest whole dollar amount.

Answer is complete but not entirely correct.