When Teri's outside basis in the TMF Partnership is $80,000, the partnership distributes to her $30,000 cash, an account receivable (fair market value of $60,000, inside basis to the partnership of $0), and a parcel of land (air market value of $60,000, inside basis to the partnership of $80,000). Teri remains a partner the partnership, and the distribution is proportionate to the partners

A- Determine the recognized gain or loss to the partnership as a result of this distribution

B-. Determine the recognized gain or loss to Teri as a result of the distribution

C-Determine Teri's basis in the land, account receivable, and TMF Partnership