QUESTION 5 The Balance Sheet of the equal MVR Partnership on August 31, 2020 is as follows: Cash - $300.000 (Adjusted Basis): $300,000 (Fair Market Value): Unrealized Receivables - S-0- (Adjusted Basis) $60,000 (Fair Market Value) Capital Assets - $ 210,000 (Adjusted Basis) $450.000 (Fair Market Value): Total Assets - $510,000 (Adjusted Basis), 5810,000 (Fair Market Value). Notes Payable - $150,000 (Adjusted Basis). 5150 000 (Fair Market Value) Capital Accounts: Mercedes Capital - $120,000 (Adjusted Basis) $220.000 (Fair Market Value). Velma Capital - $120,000 (Adjusted Basis) $220.000 (Fair Market Value), Rosetta Capital - $120,000 (Adjusted Basis) $220,000 (Falr Market Value). Total Liabilities And Partners' Capital - $510.000 (Adjusted Basis) $810,000 (Fair Market Value) Mercedes sells her interest in the partnership to someone outside of the Partnership for Cash of $220,000 and the assumption of her share of the Partnership Liabilities. How much, If any of the Gain or Loss is Capital Gain or Capital Loss that is recognized by Mercedes $100,000 O $ 20.000 $ -0- $ 80,000