Whitney obtained a one$-$third interest in Schoolkids Partnership on December $1$ of the current year by contributing property with an adjusted basis of $$5,000$ and a FMV at the date of contribution of $$15,000.$ The property was subject to a mortgage of $$12,000.$ The partnership assumed the mortgage and had no other liabilities. What is Whitney's basis in her interest in Schoolkids?

A$.$ $$(5,000)$

B$.$ $$(3,000)$

C$.$ $$0$

D$.$ $$1,000$