Question: Bob receives a proportionate, current (nonliquidating) distribution from the BBB Partnership. The distribution consists of $30,000 cash and a machine with an adjusted basis to

Bob receives a proportionate, current (nonliquidating) distribution from the BBB Partnership. The distribution consists of $30,000 cash and a machine with an adjusted basis to the partnership of $34,000 and a fair market value of $50,000. Immediately before the distribution, Bobs adjusted basis for her partnership interest is $45,000. Bobs basis in the machine she receives is:

A. $15,000

B. $34,000

C. $45,000

D. $50,000

E. None of the above

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