Please indicate the total fair market value (FMV) in dollars of the "hot assets" under Code Sec. 751(b) for ABC partnership if we assume they have the following assets. Please note each of these cases are independent. For example, assume the case listed asset 1 with a basis of $5,000 and a FMV of $10,000 and asset 2 with a basis of $1,000 and a FMV of $2,000. If both assets are properly characterized as hot assets the correct answer would be 12,000. If only asset 2 was a hot asset, the correct answer would be 2,000. Case 1: Land with a basis of $50,000 and a FMV of $100,000. Inventory with a basis of $40,000 and a FMV of $60,000. A/ Case #2: Land with a basis of $60,000 and a FMV of $60,000. Unrealized receivables with a basis of $0 and a FMV of $5,000. Inventory with a basis of $75,000 and a FMV of $80,000 A/ Case #3: Unrealized receivables with a basis of $0 and a FMV of $30,000. Inventory with a basis of $100,000 and a FMV of $110,000. A/ Case 4: Land with a basis of $100,000 and a FMV of $100,000. Inventory with a basis of $50,000 and a FMV of $53,000