Tonesha has an outside basis of $60,000 in the TREE Partnership as of December 31 of the current year. On that date, the partnership liquidates and distributes to Tonesha a proportionate distribution of $20,000 cash and inventory with an inside basis to the partnership of $18,000 and a fair market value of $22,000. In addition, Tonesha receives a desk (not inventory) that has an inside basis and fair market value of $200 and $350, respectively. None of the distribution is for partnership goodwill. How much gain or loss will Tonesha recognize on the distribution, and what is the basis in the desk? a. $0 loss; $22,000 basis b. $21,800 loss; $200 basis c. $21,650 loss; $350 basis d. $0 loss; $200 basis e. $0 loss; $0 basis