Required information [The following information applies to the questions displayed below) David's basis in the Jimsoo Partnership is $61,000. In a proportionate liquidating distribution, David receives cash of $8,600 and two capital assets: (1) Land A with a fair market value of $23.200 and a basis to Jimsoo of $18.400, and (2) Land B with a fair market value of $11,200 and a basis to Jimsoo of $18,400. Jimsoo has no liabilities b. What is David's basis in the distributed assets? (Round your intermediate and final answers to the nearest whole dollar amount.) Basis 8,600 $ Cash Land 1 Land 2