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Connie owns a one-third capital and profits interest in the calendar-year CDB Partnership. In 2018, Connie allocable share of partnership income and deductions were: $70,000

Connie owns a one-third capital and profits interest in the calendar-year CDB Partnership. In 2018, Connie allocable share of partnership income and deductions were:

$70,000 of ordinary business income

$2,000 of interest income

$4,000 of nondeductible expenses

$20,000 cash distribution

$15,000 decrease in Connies share of partnership liabilities

Connies basis in her partnership interest at the beginning of the year was $120,000. What is Connies basis in her partnership interest at the end of 2018?

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