The December 31 balance sheet of the GAB LLP reads as follows. Capital is not a material income-producing factor for the LLP. Gina is an active (general) partner and owner of a 25% interest in the LLP's profits and capital. If an amount is zero, enter " 0 ". a. On December 31 , Gina receives a distribution of $140,000 cash in liquidation of her partnership interest. Nothing is stated in the partnership agreement about goodwill. Gina's outside basis for the partnership interest immediately before the distribution is $90,000. (1) How much is Gina's recognized gain from the distribution? Capital gain: Ordinary income: \begin{tabular}{ll} & x \\ $ & \end{tabular} (2) How much can GAB claim as a deduction