Partner Bob’s basis in his partnership interest is $50,000. What gain or loss is recognized, what ar

Partner Bob’s basis in his partnership interest is $50,000. What gain or loss is recognized, what are Bob’s basis in the property received and what is his outside basis in his partnership interest, if the partnership makes the following independent proportionate non-liquidating distributions? Partnership distributes $40,000 in cash. Gain or loss recognized? Ending outside basis? Bob’s basis in cash received? Partnership distributes $60,000 cash. Gain or loss recognized? Ending outside basis? Bob’s basis in cash received? Partnership distributes $40,000 cash and accrual basis accounts receivable with a $20,000 basis and value. Gain or loss recognized? Ending outside basis? Bob’s basis in cash and the accounts receivable received? Partnership distributes $20,000 cash and $8,000 of inventory value with a $5,000 basis. Gain or loss recognized? Ending outside basis? Bob’s basis in cash and the inventory received?