9 K owns 25 percent of a partnership. K's basis in the partnership was $12,000 before she received a current proportionate distribution of equipment with a basis of $14,000 and a liability against it of $6,000. How much is K's basis in the partnership after the distribution? a. $1,500 b. $2,000 c. $2,500 d. $4,500 e. $o