The WXYZ partnership has the two assets shown in table before its liquidating distribution to partner W. If partner W with a $3,000 basis in her 25% interest receives $10,000 of capital assets, what basis will W have in the capital assets as a result of the liquidation?

Assets Basis Value

Accounts Receivable $0 $20,000

capital assets 12,000 20,000

Total $12,000 $40,000