Certain elections may be made by partnerships that would apply to the calculation of partnership income at the partnership level. As a result of his efforts to determine which elections are available and must be made at the partnership level, David (a tax accountant) has determined that one of the following is incorrect. Which of the following is an incorrect statement? Question 7Select one: a. The partnership can determine the handling of income from the discharge of indebtedness under Section 108. b. The partnership can make an election concerning an involuntary conversion of properties under Section 1033. c. The partnership can make a Section 179 election to currently expense depreciable property. d. The partnership can elect, under Section 754, to use an optional adjustment to basis upon distribution of partnership property