The DEF partnership has the following balance sheet: Partner D sells his partnership interest (holding period = two years) to G for $30,000 cash. Required: A. What are the partnership's total "hot assets" for purposes of $751 (a)? Clearly explain your answer. B. What is the amount and character of gain D will recognize on sale of his partnership interest? Show your work (including the details of amount realized and basis in partnership interest) and clearly explain your