Sarah is a 50% partner in the SF Partnership and has an outside basis of $36,000 at the end of the year prior to any distributions. On December 31, Sarah receives a proportionate operating distribution of $50,000 cash. What is the amount of Sarah's recognized gain or loss on the distribution and what is her basis in her partnership interest after the distribution? a) $0 gain, $36,000 basis. b) $14,000 gain, $0 basis. c) $50,000 gain, $36,000 basis. d) $14,000 gain, $36,000 basis $50,000 gain, $0 basis