The SSC Partnership Balance Sheet Includes the Following Assets on December

The SSC Partnership balance sheet includes the following assets on December 31 of the current year: $\begin{array} { l r r } &{ \text { Basis } } & \text { FMV } \\\text { Cash } & \$ 180,000 & \$ 180,000 \\\text { Accourts receivable } & - 0 - & 60,000 \\ \text { Lard } & \underline {90,000} & \underline {120,000} \\\text { Total } & \underline {\$ 270,000} & \underline {\$ 360,000}\end{array}$ Susan,a 1/3 partner,has an adjusted basis of $90,000 for her partnership interest.If Susan sells her entire partnership interest to Emma for $120,000 cash,how much capital gain and ordinary income must Susan recognize from the sale?

A) $30,000 ordinary income.
B) $30,000 capital gain.
C) $10,000 ordinary income; $20,000 capital gain.
D) $10,000 capital gain; $20,000 ordinary income.