7. A, B, and C form an equal partnership. A contributes land worth S30,000 with an adjusted basis of $10,000, B contributes artwork with a value and basis of $30,000, and C contributes $30,000 cash. Three years later, the land is worth $210,000 and the artwork is worth $20,000. The partnership makes a current distribution to A of the artwork at a time when his basis for his partnership interest is $15,000. At that time, the land was still held by the partnership. What result if the artwork had been worth $45,000