Lindy sold her interest in a partnership for $$20,000$ cash when her outside basis was $$5,000.$ She was relieved of her $$25,000$ share of partnership liabilities. What is Lindy's recognized gain or loss from the sale of her partnership interest? $1.$ $$15,000,2.$ $$20,000,3.$ $$40,000,4.$ $$40,000$