Carmello is a one-third partner in the CDW Partnership with equal inside and outside bases. On December 31, Carmello sells his interest to Conrad for $100,000 cash. CDW makes a 754 election and its balance sheet as of December 31 is as follows: Basis FMV Cash $ 60,000 $ 60,000 Capital asset (non-depreciable) 120,000 240,000 Total $ 180,000 $ 300,000 Carmello, capital $ 60,000 Doug, capital 60,000 Wendy, capital 60,000 Total $ 180,000 What is the amount and sign (positive or negative) of Conrad's special basis adjustment? If CDW sells the capital asset next year for $300,000, what is the amount of gain Conrad will recognize because of the sale? please show me the detailed calculation.