Ariel receives from her partnership a nonliquidating distribution of $9,000 cash plus a parcel of land. The partnership had purchased the land five years ago for $20,000, but it is worth $28,000 at the time of the distribution. Ariel's predistribution basis is $17,000. How much income will Ariel recognize due to the distribution, and what is her basis in the land? O A. Income recognized $12,000 Basis in land $20,000 OB. Income recognized Basis in land $20,000 $0 O c. Income recognized Basis in land $8,000 $0 OD. Income recognized $20,000 Basis in land 28,000