ACCT $540$ A$9$

Using the number on the table below determine the tax treatment to the partner who receives the distribution indicated, and then assuming the partnership has made a Section $754$ election, determine the Section $734$ adjustmelt, if any. If there is none write "None" or $"$N$/$A$"$

In EACH case the basis of the partner's interest is $\backslash (\backslash$$ $100,000\backslash )$ before the distribution.

The distribution consists of cash, a capital asset, and inventory as shown. If a column is blank then that type of asset was not distributed. The column for "Liquidating" indicates whether the distribution liquidated the partner's interest or not.

COMPLETE THIS TABLE $($BASIS TO PROPERTY INCLUDE CAPITAL ASSETS AND INVENTORY$)$