Paula purchases a one third interest in the following three person equal partnership for $75000. At the time of the purchasethe partnership has the following assets: AR Basis 0 FMV 45000 INventory Basis 15000 FMV 30000 Land Basis 60000 FMV 150000. The partnership has made no Sec 754 election. It immediately distributes $15000 of receivables to each of the three partners. If Paula makes a Sec 732d election, how much income will she recognize upon collection of the receivables and what is her outside basis in the partnership immediately after the distribution? a) Ordinary Income 0 Outside Basis 60000 b)Ordinary Income 15000 Outside Basis 60000 c) Ordinary Income 15000 Outside Basis 75000 d) Ordinary Income 0 Outside Basis 75000