ABC​ Corporation​​ ​​ (​​ ABC​​ )owns​​ 90% of the single class of stock in Subsidiary Corporation​ .​ The​​ other​​ 10% is owned​ by​ ​​ Rosie​​ ,​ an​​ individual.​​ ABC's basis in its Subsidiary​ ​ stock​​ is​​ $​​ 200,000​ and​​​ Rosie's​ basis​​ is​​ $90,000. Subsidiary distributes property A having an​ adjusted​ basis​​ of​​ $150,000 and​ an​ FMV​​ of​​ $720,000​ to​​ ABC​​ , and property B with a​ FMV​ of​​ ​​ $80,000 and an​ adjusted​ basis​​ of​​ $60,000 to Rosie in a liquidating distribution.​ ​ Subsidiary​​ had​​ $10 million of earnings and profits at the date of liquidation. What basis do ABC and Rosie have in the property received in the liquidating​ distribution​ ?

On december 31, 2016, the decarreau, andrew, and bui partnership had the following fiscal year-end balance sheet: cash $10,000accounts receivable $20,000inventory $25,000plant assets - net $30,000loan to decarreau $18,000total assets $103,000accounts payable $14,000loan from bui $15,000decarreaua, capital (20%) $32,000andrew, capital (10%) $23,000bui, capital (70%) $19,000total liab./equity $103,000the percentages shown are the residual profit and loss sharing ratios. the partners dissolved the partnership on january 1, 2017, and began the liquidation process. during july the following events occurred: * receivables of $18,000 were collected.* all inventory was sold for $15,000.*all available cash was distributed on january 31, except for$8,000 that was set aside for contingent expenses.the book value of the partnership equity (i.e., total equity of the partners) on december 31, 2016 isa. $58,000b. $71,000c. $66,000d. $81,000