ST partnership had the following assets: inventory, value $28,000, basis$ 12,000; land value $70,000, basis, $48,000; equipment value $42,000, basis $32,000, value total $140,000 and basis total $92,000. Inventory is a section 751 asset and there is $10,000 of section 1245 recapture of depreciation on the equipment. S, a 50% partner and T, her copartner, received a partial distribution from the partnership of the land. Each received land worth $35,000 with a basis of $24,000. What is S's recognized gain, ignoring partnership income A. 0 B. $5000 capital gain C. $5000 ordinary gain d. $20000 ordinary gain 4