Shauna Is a 50 Percent Partner in the SH Partnership

Shauna is a 50 percent partner in the SH Partnership.Shauna sells one-half of her interest to Kara for $60,000 cash.Just before the sale, Shauna's basis in her entire partnership interest is $150,000, including her $60,000 share of the partnership liabilities.SH's assets on the sale date are as follows: $$\begin{array} { l r r } & { \text { Basis } } & { \text { FMV } } \\\text { Cash } & \$ 80,000 & \$ 80,000 \\\text { Inventory } & 60,000 &180,000 \\ \text { Land held for investment } & \underline{160,000 }&\underline{100,000} \\\text { Total }& \underline{\$ 300,000} & \underline{\$ 360,000} \\\end{array}$$ What is the amount and character of Shauna's gain or loss on the sale?

A) $30,000 ordinary income and $15,000 capital loss.
B) $45,000 capital gain.
C) $15,000 capital loss.
D) $15,000 ordinary income and $30,000 capital gain.