The December 31, 2014, balance sheet of the BCD LLP reads as follows. 
Each partner shares in 1/3 of the partnership capital, income, gain, loss, deduction, and credit. Capital is not a material income-producing factor to the partnership. On December 31, 2014, general partner Christina receives a distribution of $140,000 cash in liquidation of her partnership interest under § 736. Nothing is stated in the partnership agreement about goodwill. Christina's outside basis for the partnership interest immediately before the distribution is $84,000.
How much is Christina's recognized gain from the distribution and what is the character of the gain?
Definitions:
Self-love
The regard for one's own well-being and happiness, often considered a necessary foundation for healthy relationships with others.
Narcissism
A personality disorder marked by a grandiose sense of self-importance, a need for excessive attention and admiration, and a lack of empathy for others.
Self-efficacy
An individual's belief in their own ability to succeed or accomplish a task.
Aggression
A behavior intended to harm or injure others, either physically or psychologically.
Q3: Syndication costs<br>A)Organizational choice of many large accounting
Q31: What statement is correct with respect to
Q33: In the current year, Derek formed an
Q61: Which of the following entities is eligible
Q65: Installment receivables for sale of a capital
Q66: If an S corporation shareholder's basis in
Q98: At the beginning of the tax year,
Q121: Unrealized receivable<br>A)Cash basis accounts receivable, for example.<br>B)Fair
Q126: A cash basis calendar year C corporation
Q161: Which of the following situations requires the