Tyson Is a 25% Partner in the KT Partnership

Tyson is a 25% partner in the KT Partnership. On January 1, KT makes a proportionate distribution of $16,000 cash, inventory with a $16,000 fair value (inside basis $8,000) , and land with a fair value of $8,000 (inside basis of $12,000) to Tyson. KT has noliabilities at the date of the distribution. Tyson's basis in KT is $24,000. What is Tyson's basis in the distributed inventory and land?

A) $0 inventory, $8,000 land.
B) $8,000 inventory, $12,000 land.
C) $8,000 inventory, $0 land.
D) $16,000 inventory, $8,000 land.