A Partnership's Records Show D's Basis in Her Interest in This Partnership Is $18,000

A partnership's records show: $\begin{array}{ll}&\text { Inside Basis }&FMV\\\text { Cash }&\$ 4,000 & \$ 4,000 \\\text { Inventory }&16,000 & 30,000 \\\text { Land }&8,000 & 10,000\\\text { Equipment }&72,000&60,000\\\text { Total assets }&\$100,000&\$104,000\end{array}$ D's basis in her interest in this partnership is $18,000.She receives 20 percent of all partnership assets as a current distribution.D's basis for the equipment is

A) $12,000
B) $12,400
C) $13,500
D) $14,400