Katrina is a one$-$third partner in the KYR partnership $($calendar year$-$end$).$ Katrina decides she wants to exit the partnership and she receives the following assets in the liquidating distribution. Katrina's basis in her partnership interest is $\backslash (\backslash$mathbf$\{\backslash$$ $280,000\}\backslash ).$

A$.$ What is Katrina's realized gain or loss on the liquidation of her partnership interest?

B$.$ What is Katrina's recognized gain or loss on the liquidation of her partnership interest?

C$.$ What is Katrina's basis in each of the assets?

D$.$ What is Katrina's gain or loss if she sells all of the assets the next day?

E$.$ How does the gain in part D relate to the gain in part A$?$