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tion 2 e e 12 John 30% and Justin 70% partners in a partnership in 20X1. The partnership sold a property to Jutar basis for

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tion 2 e e 12 John 30% and Justin 70% partners in a partnership in 20X1. The partnership sold a property to Jutar basis for the property was $50,000. During 20X3, Justin sold that property to Peter for $.000 d O A. Justin would recognize $65,000 gain B. Partnership would recognize $30,000 loss OC. a&b O D. None of the above

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