Enter problem statement, appropriate input type, and other instructions hero, Francine a basis in her oneral partnership interest of S80,000 Ina guidating distribution, the moves land with a fait market value of $75,000 and a tax bois of $30,000 In addition after the distribution she is no longer a partner and is no longer table for partnership debt Her share of partnership dabe immediately before the liquidating distribution was $20,000. As a result of this liquidating distribution What gain most recognize and what is her basis in the land? O A Gain recognized $35,000 basis in and $75.000 OB. No gain recognized basis in land $30,000 OC No gain recognized, bassin land $60.000 OD. No gain recognized basis in land 40,000