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Sabrina has a $12.000 basis in her S&B partnership interest. Sabrina receives a current cash distribution of $10,000 and equipment with a $5,000 basis (FMV

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Sabrina has a $12.000 basis in her S&B partnership interest. Sabrina receives a current cash distribution of $10,000 and equipment with a $5,000 basis (FMV $6,000). What is Sabrina's recognized gain or loss? O SO $0. o $3,000. O $4,000 O $16.000

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