Sarah recently sold her partnership interest for significantly more than her outside basis in the interest. Two separate appraisals were commissioned at the time of the sale to estimate the value of the partnership’s hot assets and other assets. The first appraisal estimates the value of the hot assets at approximately $750,000, while the second appraisal estimates the value of these assets at approximately $500,000. Given that the partnership’s inside basis for its hot assets is $455,000, Sarah intends to use the second appraisal to determine the character of the gain from the sale of her partnership interest. Is it appropriate for Sarah to ignore the first appraisal when determining her tax liability from the sale of her partnership interest? What do you think?