The KLM Partnership owns the following assets on March 1 of the current year: (Click the icon to view the assets.) Read the requirements. Requirement a. Which partnership items are unrealized receivables? (Complete all input fields.) Data table 'The partnership has claimed depreciation of $4,000 on the equipment. a. Which partnership items are unrealized receivables? b. Is the partnership's inventory substantially appreciated? c. Assume the KLM Partnership has no liabilities and that Kay's basis for her partnership interest is $33,750. On March 1 of the current year, Kay receives a $20,000 current distribution in cash, which reduces her partnership interest from one-third to one-fourth. What are the tax results of the distribution (i.e., the amount and character of any gain, loss, or income recognized and Kay's basis in her partnership interest)