taxation please help

0 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 $60,000, including her $30,000 share of LAMEC debt. On January 1 of the current year, Lisa sells her partnership interest to MaryLynn for a cash payment of $45,000 and the assumption of her share of LAMEC's debt. a. What is the amount and character of Lisa's recognized gain or loss on the sale? O$10,700 of ordinary income and $3,000 of capital gain $14,000 of capital loss $15,000 of capital gain $2,500 of ordinary income and $12,000 of capital gain $35,000 of ordinary income and $20,000 of capital loss ONone of the choices are correct. 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 $60,000, including her $30,000 share of LAMEC debt. On January 1 of the current year, Lisa sells her partnership interest to MaryLynn for a cash payment of $45,000 and the assumption of her share of LAMEC's debt b. If LAMEC has $100,000 of unrealized receivables as of the sale date, what is the amount and character of Lisa's recognized gain or loss? $15,000 capital gain $15,000 ordinary income $7,500 ordinary income and $7,500 capital gairn C $35,000 ordinary income and $20,000 capital loss $35,000 ordinary income and $3,000 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 $60,000, including her $30,000 share of LAMEC debt. On January 1 of the current year, Lisa sells her partnership interest to MaryLynn for a cash payment of $45,000 and the assumption of her share of LAMEC's debt. c. What is MaryLynn's initial basis in the partnership interest