C, an individual, is a partner in ABC Partnership. The adjusted basis of Cs interest at the end of 20X6 is $20,000. Cs proportionate share of partnership liabilities is $20,000 and his ordinary income share of substantially appreciated inventory is $5,000. The partnership has no other liabilities or unrealized receivables. C sells his interest in the partnership for $15,000 in cash. Calculate Cs capital gain (loss) on the disposition.

		$10,000
		$0
		$15,000
		($5,000)
		$30,000