A. Luther was admitted to the Evergreen Partnership as a 25% partner. He contributed land with a fair market value of $50,000 and $10,000 tax basis. The partnership has $100,000 in debt that is a recourse liability for all partners. What is Luther's tax basis in his partnership interest?

B. Maria is a 25% partner in the MJJB Partnership. In 2021, the partnership reported $68,000 in ordinary business income, $2,000 in qualified dividends, $1,000 in tax exempt interest, and a $6,000 long term capital loss. Maria's tax basis in her partnership interest at the beginning of the year was $2,000, and she received a $10,000 distribution. What is Maria's tax basis at the end of the year?