Wanda, a partner with a $33\mathrm{.}33$ percent capital and profits interest, sells her entire partnership interest to Valerie for $$102,000$ cash plus the assumption of her share of Boxelder's liabilities.

$[$question $1$ of $2]$ If Wanda had a basis in her partnership interest of $$100,000$ on January $1,$ what is the amount and character of Wanda's gain $($loss$)$ on the sale of her interest?

$$ $$10,000$ ordinary income

$$20,000$ ordinary income; $$10,000$ capital gain

$$20,000$ ordinary income; $($$$10,000)$ capital loss

$$10,000$ capital gain