Last year, Claire contributed land with a(n) $11000 basis and a(n)$15,000 FMV in exchange for a(n) 30% profits, loss, and capital interest in the CV Partnership. Victor contributed land with a(n) $29,000 basis and a(n) $35,000 FMV for the remaining 70% interest in the partnership. During the current year, CV Partnership reported $5,000 of ordinary income and sold the land that Claire contributed for $21,000, thereby producing a taxable long-term capital gain of $10,000 ($21,000-$11,000).

Requirement: What income or gain must Claire and Victor report from the CV Partnership in the current year?