Attorney, a cash method unincorporated sole practitioner, joins a cash method partnership of three other attorneys all of whom own an equal onequarter interest in the partnership after Attorney joins the firm. Attorney transfers some accounts receivable for services with a zero basis and a $$20,000$ face value to the partnership as part of her contribution in exchange for her partnership interest. The partnership also assumes $$6,000$ of Attorney's accounts payable. What are the tax consequences of the transaction to attorney? See $704(c)(3).$