Required information Problem 21-58 (LO 21-4, LO 21-6) (Algo) [The following information applies to the questions displayed below.) Erin's basis in her Klybron Partnership Interest is $4,400. Erin receives a distribution of $2,700 cash from Klybron in complete liquidation of her interest. Klybron is an equal partnership with the following balance sheet: Tax Basis FMV $ 2,700 750 9.750 $ 13,200 $ 2,700 1,500 2,550 $ 6,750 Assets Cash Stock (investment) Land Totala Liabilities and capital Capital-Erin Capital-Cari Capital-Grace Totals $ 4,400 $4,400 S 4,400 $ 13,200 Problem 21-58 Part b (Algo) b. If Klybron has a 5754 election in place, what is the amount of the special basis adjustment? Special basis adjustment Decrease