Sue and Andrew form SA general partnership. Each person receives an equal interest in the newly created partnership. Sue contributes $18,000 of cash and land with a FMV of $63,000. Her basis in the land is $28,000. Andrew contributes equipment with a FMV of $20,000 and a building with a FMV of $41,000. His basis in the equipment is $16,000, and his basis in the building is $28,000. How much gain must the SA general partnership recognize on the transfer of these assets from Sue and Andrew? Multiple Choice $0. $4,000. $48,000. $52,000.