At the end of last year, lisa, a 35 percent partner in the five-person lamec partnership, has an outside basis of $60,000, including her $30,000 share of lamec debt. on january 1 of the current year, lisa sells her partnership interest to marylynn for a cash payment of $45,000 and the assumption of her share of lamec's debt.1.value: 1.00 pointsrequired informationa. what is the amount and character of lisa’s recognized gain or loss on the sale? $10,700 of ordinary income and $3,000 of capital gain$14,000 of capital loss$15,000 of capital gain$2,500 of ordinary income and $12,000 of capital gain$35,000 of ordinary income and $20,000 of capital lossnone of the abovereferencesebook & resourcesmultiple choicedifficulty: 2 mediumlearning objective: 21-01 determine the tax consequences to the buyer and seller of the disposition of a partnership interest, including the amount and character of gain or loss recognized. check my work2.value: 1.00 pointsrequired informationb. if lamec has $100,000 of unrealized receivables as of the sale date, what is the amount and character of lisa’s recognized gain or loss? $15,000 capital gain$15,000 ordinary income$7,500 ordinary income and $7,500 capital gain$35,000 ordinary income and $20,000 capital loss$35,000 ordinary income and $3,000 capital lossreferencesebook & resourcesmultiple choicesdifficulty: 2 mediumlearning objective: 21-01 determine the tax consequences to the buyer and seller of the disposition of a partnership interest, including the amount and character of gain or loss recognized. check my work3.value: 1.00 pointsrequired informationc. what is marylynn’s initial basis in the partnership interest?