Question: Assume the same facts as in Problem 31, except that TAV distributes $100,000 of cash to Vincent, $50,000 of marketable securities to Tyler, and $50,000

Assume the same facts as in Problem 31, except that TAV distributes $100,000 of cash to Vincent, $50,000 of marketable securities to Tyler, and $50,000 of accounts receivable to Anita. In general terms, describe the tax result of the distribution.

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