Tara Corporation had current E\&P of \(\$ 320,000\) in 2018 . During 2018, it distributed numerous items to its sole shareholder, Anne. Indicate the effects of the distribution to Anne and Tara Corporation for each item distributed.

a. Inventory with a fair market value of \(\$ 30,000\) and an adjusted basis of \(\$ 20,000\).

b. Truck used in business with a fair market value of \(\$ 17,000\) and an adjusted basis of \(\$ 9,100\). The truck's original cost was \(\$ 22,000\).

c. Land with a fair market value of \(\$ 210,000\) that was held as an investment and was acquired in 2013 for \(\$ 150,000\).

d. Land with a fair market value of \(\$ 105,000\) that was used in the business. The land was acquired in 2013 for \(\$ 50,000\) and had an outstanding mortgage of \(\$ 30,000\).

e. Installment obligation having a face amount of \(\$ 43,000\) and an adjusted basis of \(\$ 29,000\). The installment obligation was obtained when Tara sold ordinary income property.