Steve nalo nin 20% partnership interest having a $25,000 basis basin to Nuncy for $447000 cash. At the time of the sale, the partnership has no liabilities and its assets are as follows Asset FMV Cash 320,000 UIR receivables 80,000 Imatory 40,000 Lind (capital asset) 100,000 Tax Bases $20,000 0 30,000 90,000 The walced movables and mentory and Sec. 751 met What gain or konn munt Stuw recognere on this site ? OA $12.000 ordinary income, 54,000 capital gan OB 12.000 ordinary income $14,000 capital gan OC 516.000 coin OD. $14.000 ordinary income, $2,000 capital gain