1. Padme invested $300,000 for a 30% interest in a partnership in which she is a general partner. The partnership borrowed $200,000 from the bank.

a. If the $200,000 is nonrecourse financing, calculate Padmes at-risk amount?

b. If the $200,000 is qualified nonrecourse financing, calculate Padmes at-risk amount?

c. If the $200,000 is recourse financing, calculate Padmes at-risk amount?