ACCT 540 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 adjustment, if any. If there is none write "None\" or "NIA" In EACH case the basis of the partner's interest is $180,000 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. Situation Cash Received Basis of Capital Asset Basis of Inventory Liquidating? A 20,000 90, 000 None Distributed C 100, 000 Norie Distributed 90, 000 D 100,000 None Distributed 90,000 E 0 130,000I 30,000 No Basis to Property Section 734 Adjustment, if any