Required information [The following information applies to the questions displayed below.] Melissa, Nicole, and Miguel are equal partners in the Opto Partnership (a calendar-year-end entity). Melissa decides she wants to exit the partnership and receives a proportionate distribution to liquidate her partnership interest on January 1. The partnership has no liabilities and holds the following assets as of January 1 : Melissa receives one-third of each of the partnership assets. She has a basis in her partnership interest of $25 , 390 . Note: Leave no answer blank. Enter zero if applicable. required: 1. What are the amount and character of Melissa's recognized gain or loss if her outside basis is $11 , 180 rather than $25 , 390 ? 2. What is Melissa's basis in the distributed assets if her basis in Opto Partnership is $11 , 180 rather than $25 , 390 ? Complete this question by entering your answers in the tabs below. What is Melissa's basis in the distributed assets if her basis in Opto Partnership is $11 , 180 rather than $25 , 390