b) David's basis in Treadwell is 30,000 at the beginning of the tax year, and he owns 20% of the business. During the year, Treadwell had the following items: Ordinary Income: 90,000 Tax-Free Interest Income: 10,000 Penalties and fines: 5,000 Loan 1 (from David to Treadwell): 10,000 Loan 2 (from Greedy Bank to Treadwell): 10,000 Compute the following: If Treadwell is a partnership, David's partnership interest basis at the end of the year If Treadwell is an S-Corp, David's stock basis at the end of the year If Treadwell is an S-Corp, David's loan basis at the end of the year