A general partnership had the following information at the end of each of the years 20X0, 20X1 and 20x2: Current liabilities for 20X0 $20,000, Long term liabilities $50,000 and Net income or Loss is N/A. For 20X1 the current liabiblities were $20,000, the long term liabilities were $50,000 and Net income or loss was ($40,000- loss), for 20X2 the current liabiblites were $18,000, the long term liabilities were $60,000 and the Net income or loss was $15,000 income. All liabilities are recourse debt and parnter M guaranteed all the long - term liabilities. M, a 10% owner, had a $3,000 basis in the partnership at the end of 20X0. M made no contributions or withdrawals during 20X1 or 20X2. How much is M's basis at the end of 20X2? A. $10,300 B. $10,500 C. $60,300 or D. $60,500.