taxation business pass thru entities

Required information The following information applies to the questions displayed below) r in the five-person LAMEC Partnership, has an outside basis of $77,250, including her $38,050 share of LAMEC debt. On January 1 of the current year, Lisa sells her partnership interest to MaryLynn for a cash payment of $56,500 and the assumption of her share of LAMEC's debt. b. IF LAMEC has $123,000 of unrealized receivables as of the sale date, what is the amount and character of Lisa's recognized gain or loss? $17,300 of capital gain $17.300 ordinary income / $16,300 ordinary income and $16,300 capital gain O$43,050 ordinary income and $25,750 capital loss O$43,050 ordinary income and $3,650 capital loss Required information [The following information applies to the questions displayed below. At the end of last year, Lisa, a 35 percent partner in the five-person LAMEC Partnership, has an outside basis of $77,250, including her $38,050 share of LAMEC debt. On January 1 of the current year, Lisa sells her partnership interest to MaryLynn for a cash payment of $56,500 and the assumption of her share of LAMEC's debt c. What is MaryLynn's initial basis in the partnership interest