2. Helga and Mallory form Gringott Partnership several years ago as equal partners. The partnership recourse debt balance at the beginning of 2022 was $100,000. The partnership recourse debt balance at the end of 2022 is $80,000. Partnership debt is shared equally between the partners. Helgas outside basis at the beginning of 2022 is $105,000 and Malloys outside basis at the beginning of 2022 is $85,000. Based on the information below calculate Mallorys end of year (2022) outside basis.

Ordinary business income: $186,000

Cash distribution Helga $50,000

Long term capital gain: $8,000

Tax exempt income $2,000

Medical expenses paid to Hospital on behalf of Mallory $15,000

Cash distribution to Mallory $50,000

Section 179 expense $150,000

Additional contribution 4,000 made by Helga

Charity contribution $14,000

Dividend income $10,000