a. A calendar year S corporation had dividend income of $10,000 and a net ordinary loss of $60,000 for the current year. At the beginning of the year, Z, a 45 percent shareholder, has a basis in the stock of $15,000 and a note receivable from the corporation of $8,000. Zs only other income is a substantial salary from an unrelated business. Z materially participates in the S corporation business. What is Z's basis in the note at the end of the current year? Show work

b. Ashley, a cash-basis taxpayer, died on February 3. During the year, the estate's executor made a distribution of $15,000 from estate income to Ashley's sole heir and adopted a calendar year to determine the estate's taxable income. The following additional information pertains to the estate's income and disbursements for the year: Estate income: Taxable interest , $70,000 Net long-term capital gains allocable to corpus, $8,000 Estate disbursements: Administrative expenses attributable to taxable income, $18,000 Charitable contributions from gross income to a public charity, made under the terms of the will, $6,000 Calculate the estates distributable net income for the year. Show work

c. C and D form the CD General Partnership. C has a 30 percent interest in capital, profits, and losses; D has 70 percent. C contributes land with a fair market value of $160,000 and a mortgage balance of $70,000. He acquired the land 5 years ago for a total purchase price of $45,000. The mortgage balance, along with the land, is transferred to the partnership. D contributes $210,000 cash. What is the partnership's basis in the land? Show work

please show all work! thanks