Question: mework i Saved Required information Problem 10-52 (LO 10-4) (Algo) [The following information applies to the questions displayed below.] Bryce's basis in the Markit Partnership

mework i Saved Required information Problem 10-52 (LO 10-4) (Algo) [The following information applies to the questions displayed below.] Bryce's basis in the Markit Partnership is $65,905. In a proportionate liquidating distribution, Bryce receives the following assets: Tax Basis FMV Cash $ 9,700 $ 9,700 Land A $22, 550 $48, 825 Land B $22, 550 $28,400 Problem 10-52 Part b (Algo) b. What is Bryce's basis in the distributed assets? (Round your intermediate and final answers to the nearest whole dollar amount. Basis Land A Land B

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1. Empirical or factual information,

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