pls see the attachment

Cash Accounts receivable Equipment (original cost $80,000) Land Goodwill Recourse liabilities A Capital (40% of P&L) B Capital (30% of P &L) C Capital (30% of P&L) Basis $21,000 $0 $24,000 $9,000 0 $54,000 $40,000 $8,000 $5,000 $1,000 $54,000 FMV $21,000 $60,000 $60,000 $15,000 $132,000 $288,000 C sold his interest in the above partnership to D. The price was based on the fair market value of C's share of the net assets (the buyer assumed C's share of the liabilities). a. What is the amount of the cashier's check C should receive from D? Show your computations. b. What is C's ordinary income from the sale of his interest? c. Why would the price be less if the partnership refused to make the section 743 and 754 adjustments