4. A is a 50% partner in the AB Partnership. On 1/1/X3 his outside basis was $80,000. During 20X3 AB had the following items:

Partnership taxable income $200,000

LTCG 60,000

STCL <30,000>

Dividends 20,000

Tax-exempt income 10,000

Charitable contributions <10,000>

Property distributed to A FMV 60,000

Basis 5,000

Determine As outside basis as of 12/31/X3.