Nicole, a Partner in NAB Partners, Has a Tax Basis

Nicole, a partner in NAB Partners, has a tax basis in her partnership interest of $47,000 when she completely liquidates her interest in the partnership.Nicole receives a distribution of $20,000 cash and Section 1231 property with a tax basis to the partnership of $18,000 and a fair market value of $12,000.What is Nicole's recognized tax loss on the liquidating distribution?

A) 0
B) ($9,000)
C) ($15,000)
D) ($27,000)