25. The assets of Runners World LLC, a limited liability company taxed as a partnership, are as follows: Basis 20,000 FMV 20,000 20,000 Cash Accounts receivable Equipment inventory Capital asset Land 220,000 240,000 48,000 45,000 59,000 | 60,000 Abe Abner is a 25% partner and sells his partnership interest for $100,000 for which he has an outside basis of $70,000 at the time of the sale. What is the amount and character of gain recognized by Abe as a result of the sale