GHI Partnership Is Owned 60% by Greg and 20% Each

True/False

GHI Partnership is owned 60% by Greg and 20% each by Howard and Isaac. Greg wants to dispose of his partnership interest for $100,000, including $20,000 for partnership goodwill. A goodwill payment to a retiring partner is not provided for in the partnership agreement). The partnership owns no hot assets. Greg will have the same tax result if he sells his interest to Howard and Isaac for $50,000 each $100,000 total), or if GHI redeems Greg's
interest by distributing $100,000 of cash to Greg.