Rory is a 50% partner in the AUR Partnership and has an outside basis of $112.000 at the end of the year prior to any distributions On December 31. Roxy receives a proportionate operating distribution of $12.000 cash and a parcel of land with a $28,000 fair value and a $16,000 basis to ALR. What is Rory's basis in the distributed property? Multiple Choice Cash $12.000 and $4.000 o oo O Cash $12,000 land $0 O Cash $12,000, land $16,000 O O Cash $2.000 and $28.000