7- Partner K receives three assets from Partnership KP as part of a current distribution. She receives cash, accounts receivable, and equipment used in the business for five years. What is the correct order that these assets should be considered in when determining the tax consequences of this distribution?

A.Equipment, accounts receivable, cash.

B.Accounts receivable, cash equipment.

C.Cash, equipment, accounts receivable.

D.Cash, accounts receivable, equipment.