ABC Company, a limited liability company (LLC) organized in the state of Florida, reports using a calendar tax year-end. The LLC chooses to be taxed as a partnership. Alex, Bob, and Carrie (all calendar year taxpayers) own ABC equally, and each has a basis of $40,000 in his or her ABC interest on the first day of the current tax year. ABC has the following results for the current year's operation: (Click the icon to view the results.) Each owner received a $12,000 cash distribution during the current year. Read the requirements. Requirement a. What are the amount and character of the income, gain, and loss Alex must report on his tax return as a result of ABC 's operations? Complete the table below to show any operating income, short-term capital gain, and/or long-term capital loss that Alex must report on his tax return as a result of ABC 's operations. (Complete all input fields. Enter a 0 for any zero balances.) Data table Requirements a. What are the amount and character of the income, gain, and loss Alex must report on his tax return as a result of ABC's operations? b. What is Alex's basis in his ownership interest in ABC after the current year's operations