In Complete Liquidation of her Partnership interest, Rose receives $60,000 in Cash and Unrealized Receivables (Adjusted Basis to partnership of $0. and Fair Market Value of $8,000 ). Immediately before the Liquidation, Rose had a basis of $50,000 in her Partnership interest. Rose's Recognized Gain from this transaction is: $10,000.$0.$8,000.$50,000. Bernardina's Adjusted Basis in her Partnership interest in Cruz Partnership was $24,000. In Complete Liquidation of her interest in Cruz Partnership, Bernardina received Cash of $4,000 and Equipment having a Fair Market Value of $40,000 and an Adjusted Basis to the Partnership of $25,000, Bernardina's basis in the Equipment is: $25,000$24,000$20,000$40,000