The following information applies to the questions displayed below Mikaere's basis in the Jimsoo Partnership $$60,000.$ In a proportionate liquidating distribution Mikaere receives cash of $ $8,400$ and two capital assets: $()$ Land A with a fair market value of $$22,800$ and a basis to Jimsoo of $$18,100,$ and $(2)$ Land B with a fair market value of $ $11,050$ and a basis to Jimsoo of $$18100$ Jimsoo has no