Sue and Andrew form SA General Partnership. Each person receives an equal interest in the newly created partnership. Sue contributes $10,000 of cash and land FMV of $55,000. Her basis in the land is $20,000. Andrew contributes equipment FMV of $22,000 and a building FMV of $43,000. His basis in the equipment is $8,000, and his basis in the building is $20,000. How much gain must the SA General Partnership recognize on the transfer of these assets from Sue and Andrew? $4,000 O $48,000 O $52,000