Kristen and Harrison are equal partners in the KH Partnership. The partners formed the partnership 5 years ago by contributing cash. Prior to any distributions Harrison has a basis in his partnership interest of $44,000. On December 31, KH makes a proportionate operating distribution of $50,000 cash to Harrison. What is the amount and character of Harrison's recognized gain or loss and what is his remaining basis in KH?

	$0 gain, $0 basis
	$6,000 capital gain, $0 basis
	$6,000 capital loss, $0 basis
	$6,000 capital gain, $44,000 basis