24 months ago, Matt contributed investment land that had a basis of $50,000 and an FMV or $62,000 to the RSM Partnership. This year, Matt has a basis in his partnership interest of $53,000 when he receives a current distribution of $14,000 cash and inventory with a basis of $35,000 and an FMV of 552,000 . (There is no Sec 751 exchange in connection with the inventory distribution.) The partnership continues to hold the land Matt contributed. How much gain (af any) must Matt recognize a gain or loss of what as a result of this distribution? A) $12,000 B) $13,000 C) $14,000 D) $52,000