The Balance Sheet of the equal Delana Partnership on August 31, 2020 is as follows: Cash (Adjustod Basis $240.000: Fair Market Value - $240,000): Unrealized Receivables (Adjusted Basis - S-O-: Fair Market Value - $120,000): Capital Assets Adjusted Basis - $330,000: Fair Market Value - $510,000) (Total Assets: (Adjusted Basis - 5570,000: Fair Market Value - $870,000): Notes Payable (Adjusted Basis - $180,000 Fair Market Value - $180.000): Capital Accounts: Rochelle Capital (Adjustad Basis - $130.000, Fair Market Value - $230,000: Kendra Capital (Adjusted Basis $130,000, Fair Market Value - $230,000): Toya Capital (Adjusted Basis - $130,000. Fale Market Value - 5230,000) (Total Liabilities And Equity (Capital) - (Adjusted Basis - $570,000; Fair Market Value - 3870,000). Rochelle sells her interest in the Partnership to someone outside of the Partnership for Cash of $230,000 and the assumption of her share of the Partnership Liabilities. The Gain or loss realized and recognized by Rochelle for the sale of her Partnership Interest is: $100,000 $290,000 @ $190,000 $480,000