Kenya sells her 20% partnership interest having a $28,000 basis to Ebony for $50,000 cash At the time of the sale, the partnership has no liabilities and its assets are as follows: Basis FMV Cash Unrealized receivables Land $20,000 60,000 100,000 $20,000 110,000 Ordinary income recognized by Kenya as a result of the sale is a. $0 b. $22,000 c. $12,000 d. $10,000