Megan's basis was $120,000 in the MYP Partnership interest just before she received a proportionate current (nonliquidating) distribution consisting of land held for investment (basis of $100,000, fair market value of $130,000 ) and inventory (basis of $80,000, fair market value of $70,000 ). After the distribution, Megan's bases in the received assets are, respectively: a. $40,000 (land) and $80,000 (inventory). b. $50,000 (land) and $70,000 (inventory). c. $100,000 (land) and $20,000 (inventory). d. $120,000 (land) and $0 (inventory)