Bob and Lyn were equal unrelated partners in the BL Partnership. Bob sold an old truck to the partnership for $3,000. The trick had been used in Bob's sole proprietorship prior to the sale. It had a basis of $5,000 to Bob. What amount and character of loss should Bob recognize? a $0. b $2,000 $1231 loss. $2,000 ordinary $5,000 ordinary Bob and Lyn were unrelated partners in the BL Partnership, Bob owning a 70 percen interest and Lyn all of the rest. Bob sold an old truck to the partnership for $3,000. The truck had been used h Bob's sole proprietorship prior to the sale. It had a badl of $5,000 to Bob. What amount and character of loss should Bob recogniza? $0. b $2,000 $1231 loss. $2,000 ordinary $5,000 capital dodo