Kenya sells her 20% partnership interest having a $30,000 basis to Ebony for $40,000 cash. At the time of the sale, the partnership has no liabilities and its assets are as follows:

	Basis	FMV
Cash	$20,000	$20,000
Unrealized receivables	0	40,000
Inventory	10,000	40,000
Land (Sec. 1231)	120,000	100,000

Kenya and Ebony have no agreement concerning the allocation of the sales price. Ordinary income recognized by Kenya as a result of the sale is

A) $6,000.

B) $10,000.

C) $12,000.

D) $14,000.