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Required information

Problem $21-55($LO $21-1,$ LO $21-6)($Algo$)$

$[$The following information applies to the questions displayed below$]$

Fatima pays $$206,000$ cash for Brittany's one$-$third interest in the Westlake Partnership. Just prior to the sale, Brittany's basis in Westlake is $$98,900.$ Westlake reports the following balance sheet:

$\backslash$table$[[,$ax Basis,FMV$],[$Assets$,,],[$Cash$,$$ $98,900,$$ $98,900],[$Land$,197,800,519,100],[$Totals$,$$ $296,700,$$ $618,000],[$Liabilities and capital,,$],[$Capital$-$Amy,$$98,900,],[$Capital$-$Brittany,$$98,900,],[$Capital$-$Ben,$$98,900,],[$Totals$,$$ $296,700,]]$

Note: Leave no answer blank. Enter zero if applicable.

Problem $21-55$ Part b $($Algo$)$

b$.$ What is Fatima's basis in her partnership interest? What is Fatima's inside basis?

$\backslash$table$[[,$Amount$],[$Basis in partnership interest,$],[$Inside basis,$]]$