In Complete Liquidation PW Distributes the Cash to Pamela and the Unrealized

In complete liquidation PW distributes the cash to Pamela and the unrealized receivables to Wade(equal partners) . Pamela and Wade each have an outside basis in PW equal to $5,000. PW has no liabilities at the time of the liquidation. What is the amount and character of Wade's recognized gain or loss?

A) $2,500 capital gain and $2,500 ordinary income.
B) $5,000 ordinary income.
C) $5,000 capital gain.
D) $0.