Partnership Records Show R Is a 50 Percent Partner

Partnership records show: $\begin{array}{ll}&\text { Inside Basis }&FMV\\\text { Inventory }&\$12,000 & \$28,000 \\\text { Land }&48,000 & 70,000\\\text { Equipment }&32,000&42,000\\\text { Total assets }&\$92,000&\$140,000\end{array}$ R is a 50 percent partner.The equipment has $10,000 of § 1245 recapture potential.R's predistribution outside basis is $46,000.The partnership liquidates by distributing the land to R and the inventory and equipment to her partner.R's recognized gain on the liquidation is

A) $0
B) $13,000 ordinary income
C) $24,000 capital gain
D) $11,000 capital gain
E) $13,000 ordinary income and $11,000 capital gain