Answer:
Harrison would have a gain of $6,000 and his remaining basis in KH would now be $0.
Step-by-step explanation:
For Harrison to have a gain , the amount of cash that he receives from operating distribution by KH should be more than his basis in partnership, which is the actual case here, as his basis is $44,000 and cash he receives from distribution is $50,000, so therefore he has a gain of $6,000 ($50,000 - $44,000).
Since Harrison has allocated his entire basis in the KH , his has no basis left now, so therefore after the operating distribution he has $0 basis left in the KH.