15.

Diane Barnes has a 25 percent interest and Ester Newton has a 75 percent interest in the income and capital of D&E Partnership.The partner ship reports ordinary income of $25,000, tax-exempt interest of $1,000, and long-term capital gains of$5,000 for the current year.Ester's basis for her partnership interest as of the beginning of the year was $60,000. She made withdrawals of $5,000during the year. What is her basis for her interest in the partnership as of the end of the year?