Beginning of year and end of year percentage share of profits, loss, and capital: 48%

Both members are also managers of the LLC and devote all of their time and efforts to manage and operate the LLC. Bob received a $25,000 guaranteed payment and Grant received a $34,000 guaranteed payment in 2020, respectively. Additionally, the members received distributions of cash during the year from the LLC that is based on their percentage share of the LLC’s profits. See Schedule K for information regarding the aggregate amount of distributions. The amount of contributions listed on Line 13a allocated to each member should be marked with a Code A on the respective member’s K-1.

Information Regarding the LLC’s Debt

The LLC had the following debt at the beginning and end of the year.

Type of Debt	1/1/20	12/31/20
Nonrecourse debt	$20,000	$35,000
Qualified nonrecourse debt	$0	$0
Debt guaranteed by Bob	$24,000	$30,000
Debt guaranteed by Grant	$18,000	$12,000

Information Regarding Members’ Capital Accounts and Tax Basis

The LLC maintains its members’ capital accounts using the tax basis method and none of members contributed property to the LLC that had built-in gain or loss. The following provides each member’s capital account at the beginning of the year.

Member	Capital Account at 1/1/20
Bob Citri	$55,000
Grant Supple	$58,000

The following provides each member’s tax basis in their LLC interest at the beginning of the year. The beginning of the year tax basis for each member takes into account the appropriate amount of recourse debt and nonrecourse that was outstanding at the beginning of the year.

Member	Tax Basis at 1/1/20
Bob Citri	$89,400
Grant Supple	$85,600

A. Calculate end of year capital account for Bob and Grants LLC Interest.