2. The ABC cash method general partnership, which has made a s 754 had the following balance sheet at the time D purchased C's interest for $60,000 cash. None of the partnership's assets were contributed election, Liabilities and Partners' Capital A.B. F.M.V. 30,000 by a partner: Assets A.B. F.M.V. Liabilities: Capital: A $30,000 60,000 B 30,000 60,000 C 30,000 60,000 Accounts Receivable 0 $ 30,000 30,000 60,000 Land ( 1231 asset) 30,000 15,000 Building (S 1231 as- 30,000 105,000 Inventory set; no deprecia- tion recapture) $90,000 $210,000 $90,000 $210,000 Basis figures represent each partner's outside basis including their share of liabilities (a) What is D's personal inside basis in each of the assets? (b) What is D's personal inside basis in the assets if he paid $70,000 (rather than $60,000) for C's interest? (c) Same as (a), above (i.e., D buys C's interest for $60,000), except that C contributed the accounts receivable to the partnership at a time when the fair market value of the receivables was $30,000 and their basis was zero