Alfonso began the year with a tax basis in his partnership interest of $15,000. His share of partnership liabilities at the beginning and end of the year consists of $7,000 of recourse liabilities and $5,000 of nonrecourse liabilities. During the year, he was allocated $27,000 of partnership ordinary business loss. Alfonso does not materially participate in this partnership, and he has $4,000 of passive Income from other sources. a. How much of Alfonso's loss is limited by his tax basis? Loss limited by his tax basis b. How much of Alfonso's loss is limited by his at-risk amount? Loss limited by his at-risk amount c. How much of Alfonso's loss is limited by the passive activity loss rules? Loss limited by passive activity loss rules