At December 31, 2022, James and Craig were equal partners in a partnership with net assets having a tax basis and fair market value of $100,000. On January 1, 2023, Angela contributed securities with a fair market of $50,000 (purchased in 2001 at a cost of $35,000) to become an equal partner in the new firm of James, Craig and Angela. The securities were sold on December 15, 2023, for $47,000. How much of the partnerships capital gain from the sale of these securities should be allocated to Angela? Select one:

a. $0

b. $3,000

c. $6,000

d. $12,000