Roberto has a basis of $6,000 in a partnership at the beginning of the year. He receives $7,000 in cash distributions, his distributive share of income is $3,500, and he receives a land distribution with a basis of $6,000 (FMV $12,000 ). Required: a. Is Roberto required to recognize any gain? If so, how much is the gain? b. What is Roberto's basis in the land? c. What is Roberto's ending basis in his partnership interest? Note: Leave no cells blank. Enter "0" wherever required. Answer is complete but not entirely correct