Blanche and Rose form an equal partnership. Blanche contributes inventory with a tax basis of $250 and a value of $500, and Rose contributes $500 of cash, which the partnership uses to purchase stock for investment. Six and a half years later, when the inventory is worth $600 and the stock is worth $800, Rose sells her partnership interest for$700; her basis is still $500. How much gain does Rose recognize? What is the character of the gain? Would your answer change if Rose sold her interest eight years later