At the beginning of the tax year, Sam's basis in the Susie Partnership was $100,000, including his $20,000 share of partnership debt. At the end of the tax year, his share of debt was $25,000. Sam's share of the partnership's income for the year was $10,000, and he received cash distributions totaling $20,000. In addition, his share of the partnership's nondeductible expenses was $1,000. Complete the template below to calculate Sam's outside basis at the end of the year.

Outside basis - beginning of year

Increase in share of partnership liabilities

Allocable share of positive partnership taxable income

Allocable share of partnership tax exempt income

Distributions and withdrawals

Decrease in share of partnership liabilities

Allocable share of partnership taxable loss

Allocable share of non-deductible partnership expenses

Outside basis - End of year