na has an outside basis OT DIVU, me brimstone Partnership, including ner share of liabilities of 325,000. In a liquidati distribution, she receives cash of $29.000, Inventory with a basis of $10,000 (FMV - $40,000), investments with a basis of $4,000 (FMV = $10,000) and land with a basis of $12,000 (FMV - $20,000). What is Tia's recognized gain or loss on the liquidation and basis on the property received? O $13,000 capital loss and basis of $29,000 in the cash, $10,000 in the inventory $4.000 in investments and $12,000 in the land $45.000 capital loss and $29,000 basis in cash $10,000 in inventory, $4,000 in investments and $12,000 in land O $0 gain or loss and basis of $29.000 in the cash $10,000 in the inventory, $12,000 in the investments and $24,00C in the land O $24,000 capital gain and basis of $29,000 in the cash $40,000 in the inventory, $10,000 in investments and $20,000 in the land Rate your confidence to submit your answer. na has an outside basis OT DIVU, me brimstone Partnership, including ner share of liabilities of 325,000. In a liquidati distribution, she receives cash of $29.000, Inventory with a basis of $10,000 (FMV - $40,000), investments with a basis of $4,000 (FMV = $10,000) and land with a basis of $12,000 (FMV - $20,000). What is Tia's recognized gain or loss on the liquidation and basis on the property received? O $13,000 capital loss and basis of $29,000 in the cash, $10,000 in the inventory $4.000 in investments and $12,000 in the land $45.000 capital loss and $29,000 basis in cash $10,000 in inventory, $4,000 in investments and $12,000 in land O $0 gain or loss and basis of $29.000 in the cash $10,000 in the inventory, $12,000 in the investments and $24,00C in the land O $24,000 capital gain and basis of $29,000 in the cash $40,000 in the inventory, $10,000 in investments and $20,000 in the land Rate your confidence to submit your