The Smith, Jones and Johnson Partnership owns three pieces of land, each having a basis of $10,000 and a fair market value (FMV) of $22,000. On July 1, of the current year, Doe purchases Johnson's one-third interest for its FMV of $22,000. No Section 754 election is made. Within two years of purchase, Doe's interest is liquidated by distributing one of the parcels of land to Doe. Based on this information, which of the following statements is the most true?

A. A Section 732(d) election would give Doe a basis of $22,000 instead of $10,000.

B. Doe is not eligible for a Section 732(d) election.

C. Johnson must make a Section 732(d) election before leaving the partnership.

D. The partners must unanimously agree to make a Section 732(d) election.