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Claudia invested $50,000 cash in the C&S General Partnership and received a 20% interest. The partnership borrowed $200,000 of full recourse debt from a

Claudia invested $50,000 cash in the C&S General Partnership and received a 20% interest. The partnership borrowed $200,000 of full recourse debt from a local bank. Assuming that Claudia is personally liable for $40,000 if the partnership defaults on the loan, what is Claudia's at-risk amount before considering any partnership income or loss? Multiple Choice $40,000. $50,000. $0. $90,000.

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