4 A, B and C are equal partners in the ABC partnership. On January 1", 2000, A's outside basis is $250 and ABC's balance sheet (including FMV's) is as follow: Assets ABL__ . EMV 240 90 Liabilities & Capital - Liabilities Cash A/C Rec 75 Inv. Machinery 55 Building 200 Stock Goodwill 0 240 60 150 100 500 300 150 90 Tex500 A 200 B 200 C 200500 500 What are the tax consequences to A if A were to sell her interest to P for $500 cash? Assume that ABC purchased the machine three years ago for $120, and that $120 in depreciation has been taken on the building since its acquisition five years ago.