LO$\mathrm{.}8,9,11$ At the end of last year, June, a $30\%$ partner in the four$-$person BJJM Partnership, had an outside basis of $$75,000$ in the partnership, including a $$60,000$ share of partnership debt. June$$s share of the partnership$$s $1245$ recapture potential was $$40,000.$ All parties use the calendar year. Describe the income tax consequences to June in both of the following independent situations that take place in the current year. In both situations, also explain whether the partnership continues in existence. June dies on April $1$ of the current year. June$$s brother immediately takes June$$s place in the partnership.